Did you exercise stock options or restricted stock units (RSUs) in the last year? Do you ever get the feeling you overpaid your tax bill? Then your hunch might be correct.
Did you ever get the feeling you paid too much in taxes? Probably every paycheck, right? Did you exercise stock options or restricted stock last year? Exercise meaning, you bought the issuer’s common stock at the grant price or the price set by the option. This purchase was regardless of the stock’s price at the time you purchased the option. If so, then you should read the rest of this blog post.