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Get your taxes done using TurboTax
Thank you Irene for your response.
I did what suggested and asked our W2 folks at corporate and this was the response:
Per the IRS we have to withhold taxes when you receive shares, even if you do not sell them. It is considered taxable income. Unfortunately we are still in a black out period so you are not allowed to sell them. I understand your frustration because you can’t sell them and that they are considered income, but we are in compliance with IRS regulations.
Yes, this is frustrating! ha
February 8, 2021
12:02 PM