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Retirement tax questions
Thanks David!! You said..."The 19 shares that were withheld were done so to pay the tax on the value of all 50 shares."
What tax exactly?
Is this situation essentially like my employer giving me a $2500 cash award, which had standard payroll taxes withheld. Then the "net" award to me (let's say $1500) I then used to buy shares of my employer, and then I sold them.....which shouldn't the tax on the stock sale just be capital gains tax?
‎February 22, 2021
6:12 PM