There were 3 vest dates in 2022.
1st: 20 units vested at $112.24 FMV, 20 sold to cover. Net proceeds: 0 shares.
2nd: 20 units vested at $106.21 FMV, 20 sold to cover. Net proceeds: 0 shares.
So does that mean I technically got zero compensation for those 40 shares? If so should I be talking to my employer?
3rd: 20 units at FMV of $102.11, 8 sold to cover US Fed income tax, SS, Medicare, State Income. $816.89 withheld in total. Net proceeds: 12 shares (so 1225.32).
For each of these fed tax is 22%, SS is 6.2, Medicare is 1.45, State is 7, refund is 0, even if there is a dollar amount listed. So that means I shouldn’t have any capital gains tax because I already paid all taxes, right?
Mathematically I don’t see how over $5k in “gains” is subject to tax if I didn’t receive anywhere near that amount and the value actually went down.
