Tax Season Pop Quiz for those of you with RSUs.
How much taxes will you owe on your Restricted Stock Units (RSUs) when they vest?
Answer in the comments, but don't peek. 🫣
A. 10%
B. 22%
C. My Marginal Tax Rate
D. My Effective Tax Rate
How much taxes will you owe on your Restricted Stock Units (RSUs) when they vest?
Answer in the comments, but don't peek. 🫣
A. 10%
B. 22%
C. My Marginal Tax Rate
D. My Effective Tax Rate
Comments
BUT.... that may not be the correct tax withholding
It is your marginal tax rate, the tax bracket that your RSUs that fall into that will be your tax rate
If you cross into a new tax bracket, you'll pay some at the lower rate and the rest at the higher rate.