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Level 3

Sale of RSUs - Taxed at a higher rate

Looking for advice on RSU situation:

- In this tax year, sold RSUs that were awarded/vested over 1 year ago

- In this year's TurboTax submission, being taxed on those gains at a rate of almost 40%

- believe tax rate for long term gains under $16,500 based on my income is 15%

- already paid tax on the initial award to myself (paid taxes in the previous tax year)

 

Please advise, thanks!