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Reply to "Why does my company under withhold for RSU vests"
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[quote=Anonymous]I have the same problem as OP - I am lucky to have had 80k of stock vest this year but I owe 10k to the IRS now. Second year in a row of this. What do people do when it’s a really good stock (up 400% from when I was hired) but it’s really throwing off your taxes? Should I at least cash out enough per year to cover the taxes? Technically I can afford it but it seems silly to offset savings. I understand I can just adjust my withholding but that doesn’t change the fact that money is diverting from my pocket for the time being. And I have two kids in daycare so I will notice nearly $1k per month. Am I missing something obvious that let’s other people avoid this? Prior to this job I was paycheck to paycheck so rich people problems are a mystery to me.[/quote]
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