Re:Meta stock sinks more than 23%
by disgruntledphd2 on Thursday October 27, 2022 @12:09PM
(#33359695)
> Example: you're granted 1 share today to vest in 1 year. In 1 year the share is worth 100, it vests and you pay PAYE in this (it can either come from your salary, or by selling the stock). If the stock rise to 150 and you sell it after, you pay CGT on 50.
Huh? Can you actually keep the stock and give revenue the money out of your post-tax? I wasn't aware that was possible.
Yes. To be fair, I never tried it. But my broker (Morgan Stanley) allows you to select how you want to receive them, the default method is "sell to Cover" (sell just enough to pay taxes) but you can also select "Sell All Shares" and "Pay Cash to Cover Taxes".
Re:Meta stock sinks more than 23%
by disgruntledphd2 on Thursday October 27, 2022 @01:59PM
(#33361426)
Huh, interesting. I used Schwab and don't remember ever seeing it. That would definitely have been worthwhile at some point in 2014.
Example: you're granted 1 share today to vest in 1 year. In 1 year the share is worth 100, it vests and you pay PAYE in this (it can either come from your salary, or by selling the stock). If the stock rise to 150 and you sell it after, you pay CGT on 50.