4 ms·
Really? Mine defaults to 22% on morgan stanley and I have to manually withhold extra from my salary. It also does not withhold any for state taxes which I als
by mrep 4y ago
Really? Mine defaults to 22% on morgan stanley and I have to manually withhold extra from my salary. It also does not withhold any for state taxes which I also have to do with my salary. I don't think I can withhold either from the RSU sale.
- _huayra_ 4y agoYeah I think the standard is to sell some percentage of the RSU grant each time there is a distribution (to cover the taxes of getting it as income). Unfortunately this is usually insufficient in most companies and one will likely still owe a big chunk of change to the IRS each year as a result. One can ask for extra withholding, but it's a bit tricky to figure out until one has worked for a given company / comp level for a given year.
- philjohn 4y agoYes - it's different in the UK, I have the full 47% sold before disbursment of stock (well, 48.25% from next vest).