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by bduerst
3631 days ago
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> To avoid making me pay a large tax bill come April, my employer actually withholds some of those shares of stock to cover the tax bill. I think that your employer actually sells just enough of those shares at the time of vesting to cover the taxes. Any cash remaining difference is given to you in your next paycheck (i.e. 2 shares at $100 ea. are sold to cover $120 of taxes, and $80 is given to you). Could be wrong though. |
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