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How do I ensure I won't be hit with a tax bill when my RSUs vest in 2023? My employer withholds 22% for fed. How do I know if I should withhold more (and how much more)?
It seems from speaking with employees of my company, most are hit with a big tax bill when the RSUs vest because not enough tax was taken out (22%). How do I determine if that's enough tax for me? If I need to withhold more, what do I do and how do I determine that amount? Is it better to adjust my withholding, or pay quarterly? Do I need to consider the potential bonus, merit increase and additional RSU vests I would get in 2023 as well?
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‎January 4, 2023
8:34 AM