I got RSU (Restricted Stock Units) from my employer (large US corp in Ireland) a few years back. I am Irish resident, never worked in the US.
I calculated the total tax I paid, and this seems very high. I wonder whether there is anything wrong below, and whether I should be entitled to a refund.
They vested last year in December. I've been recently reviewing my tax affair when compiling my form 11 for 2014, and I notice:
Does it look anywhere realistic? Should I claim a refund through form 11? Though the US authority?
A bit lost here, I cannot find any meaningful information on the topic. Most of the information I find are around dividends (taxed at 15% by US authorities).
Thanks.
I calculated the total tax I paid, and this seems very high. I wonder whether there is anything wrong below, and whether I should be entitled to a refund.
They vested last year in December. I've been recently reviewing my tax affair when compiling my form 11 for 2014, and I notice:
- 13 shares vested worth 1800 euros according to my broker in December 2014.
- The (US) broker sold 7 of the share to pay the US federal tax for around 950 euros. I got net 6 shares. That makes a US federal tax of ca 53%....
- On my Irish PAYE payslip for December 2014, I see the vested RSU as an income of 1670 euros + a "RSU adjustment" as deduction of 770 euros. I assume I got taxed at Irish level on 1670 - 770 euros = 900 euros @ 0.52% = 470 euros.
Does it look anywhere realistic? Should I claim a refund through form 11? Though the US authority?
A bit lost here, I cannot find any meaningful information on the topic. Most of the information I find are around dividends (taxed at 15% by US authorities).
Thanks.
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