Re:IRS to Begin Trial of Its Own Free Tax-Filing System
by seanmcdirmid on Saturday January 06, 2024 @06:48PM
(#38896823)
We both work at big techs
, so first world problem. But her company grants RSUs and sells stock to cover income tax, mine gives less stock and grants cash to cover taxes instead. Which is why I was surprised she was getting 1040s at all. But the stock is sold to cover tax, since a stock grant is taxed as ordinary income, that this generates a 1040 with a cost basis of zero is crazy.
But as I wrote, I think things are mostly pretty good these days. But who knows with things like RSUs you have limited visibility into.