I have RSUs vested in my fidelity account. 1. Why does it show that I have $0 available to trade and withdraw? (Pic-1) 2. I have some amount in my retirement fund as well. Right now, the investments show up as shown in pic-2. What can I do to maximize profits? 3. When RSUs get vested, some of my shares are already sold for taxes. If I sell the rest of my shares, will I be taxed again? 4. If I change my job location and relocate, will the taxes for RSU vesting be considered for the current state or the one I relocated to? 5. General question - Is there any use in moving to Texas(my friends are located there) in terms tax benefits? Or is it going to balance out provided that I would have to take a pay cut. TC: 350k SDE 2 in bay area. #RSU #amazonrsu #taxes
Post this question on chatgpt first and come back for clarification if any
3. theyre sold for income tax. additional selling would incur capital gains tax treatment. so yesn’t? 4. capital gains tax treatment can potentially be only based on the state you are a resident of when you sell, but it could be prorata based on time held. Id let the states fight over that behind the scenes, dont know what you wanna do tho
For 4), I just wanted to make sure that my RSUs aren’t sold for state taxes if I move to TX. Thanks for your reply :)
At least for California your original grant continues to be taxed as it is considered "California sourced income". Probably similar for other states.