Re:Meta stock sinks more than 23%
by erik_seaberg on Friday October 28, 2022 @01:03AM
(#33367864)
22% of my RSUs (the federal withholding rate on supplemental income) are sold rather than released to me, so only a huge crash could leave me in the hole on my 8%-ish estimated taxes.
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A huge crash like 70%, which happened this year?
Re:Meta stock sinks more than 23%
by erik_seaberg on Friday October 28, 2022 @03:09PM
(#33376104)
Bigger; if I receive $78,000 out of $100,000 in shares and then they drop to $23,000, that still more than covers the $8,000 of under-withholding I need to pay.
Granted, $15,000 after tax income would not be what I was hoping for.
(I'm ignoring state income tax because my withholding on that happens to be correct.)