Skip to main content
deleted 17 characters in body
Source Link
Brythan
  • 21k
  • 6
  • 53
  • 67

I sold some RSUs once they were vested. I see in the Merrill Lynch statement that a certain amount of shares were taken out to cover the taxes. The federal tax is taken @ 25%. Now

Now, when I calculate my tax return, my final tax bracket is one step below 25% due to the 401k and other tax-deductible savings. My question is: will the Federal tax on the vested RSUs remain at 25% or they can/should be adjusted to the final tax bracket?   ( II see that in 1040, the capital gains/loss is only a relative number with respect to the cost basis. The amount reported in W-2 doesn't show up! So,it it looks like the initial 25% tax-rate holds true throughout the 1040 form.)

Additional info: Cost basis is reported by Merrill Lynch. RSU vesting is reported in W-2.

Thanks in advance!

I sold some RSUs once they were vested. I see in the Merrill Lynch statement that a certain amount of shares were taken out to cover the taxes. The federal tax is taken @ 25%. Now, when I calculate my tax return, my final tax bracket is one step below 25% due to the 401k and other tax-deductible savings. My question is: will the Federal tax on the vested RSUs remain at 25% or they can/should be adjusted to the final tax bracket? ( I see that in 1040, the capital gains/loss is only a relative number with respect to the cost basis. The amount reported in W-2 doesn't show up! So,it looks like the initial 25% tax-rate holds true throughout the 1040 form)

Additional info: Cost basis is reported by Merrill Lynch. RSU vesting is reported in W-2.

Thanks in advance!

I sold some RSUs once they were vested. I see in the Merrill Lynch statement that a certain amount of shares were taken out to cover the taxes. The federal tax is taken @ 25%.

Now, when I calculate my tax return, my final tax bracket is one step below 25% due to the 401k and other tax-deductible savings. My question is: will the Federal tax on the vested RSUs remain at 25% or they can/should be adjusted to the final tax bracket?   (I see that in 1040, the capital gains/loss is only a relative number with respect to the cost basis. The amount reported in W-2 doesn't show up! So, it looks like the initial 25% tax-rate holds true throughout the 1040 form.)

Additional info: Cost basis is reported by Merrill Lynch. RSU vesting is reported in W-2.

Source Link
KAZI
  • 13
  • 2

Tax bracket for vested RSU

I sold some RSUs once they were vested. I see in the Merrill Lynch statement that a certain amount of shares were taken out to cover the taxes. The federal tax is taken @ 25%. Now, when I calculate my tax return, my final tax bracket is one step below 25% due to the 401k and other tax-deductible savings. My question is: will the Federal tax on the vested RSUs remain at 25% or they can/should be adjusted to the final tax bracket? ( I see that in 1040, the capital gains/loss is only a relative number with respect to the cost basis. The amount reported in W-2 doesn't show up! So,it looks like the initial 25% tax-rate holds true throughout the 1040 form)

Additional info: Cost basis is reported by Merrill Lynch. RSU vesting is reported in W-2.

Thanks in advance!