Has anyone had success with adjusting withholding between different vesting dates? My company uses Schwab and I have to contact them directly each time I want to change the withholding percentage. It's a huge pain.

For RSU withholding, I've found success using a hybrid approach that balances simplicity with accuracy. Here's what I do: 1. Calculate your projected effective tax rate for the full year (including all RSUs and salary) 2. Use that rate + 2-3% for the first half of the year's vests 3. Increase to your marginal rate for Q3/Q4 vests when you're actually hitting those higher brackets The key insight is that your effective rate is what matters for total tax owed, but timing matters for cash flow. Early vests can be withheld at lower rates since you haven't "used up" your lower tax brackets yet. I also set up quarterly check-ins to compare my year-to-date withholding against my projected annual tax liability. If I'm significantly under or over, I adjust the withholding rate for remaining vests accordingly. One thing to watch out for: if your company stock appreciates significantly during the year, your actual RSU income could be much higher than projected. I learned this the hard way in 2023 when our stock went up 40% and I ended up under-withheld despite careful planning.

One thing to watch out for - the filing requirements can also be triggered if your child has earned income plus unearned income that together exceed the standard deduction (around $14,600 for 2025). My teenager had a summer job AND investment income, and even though neither would require filing on their own, the combination did. The tax software I was using completely missed this!

Great question! Yes, the filing thresholds do change annually based on inflation adjustments. For 2025, the unearned income threshold for dependents is $2,300, so you're absolutely right that your kids likely don't need to file this year. Looking at your numbers: $190 (ordinary dividends) + $1,850 (capital gains distributions) = $2,040 total unearned income per child. Since this is under the $2,300 threshold, no Form 8615 filing should be required. Just double-check that the $190 in ordinary dividends already includes the qualified dividends (it usually does on most brokerage statements), so you don't want to add the $165 qualified dividends on top of that. Also keep good records of any reinvested distributions for future cost basis calculations, even if you're not filing now. The IRS publishes these updated thresholds each year in Publication 929 if you want to bookmark it for future reference!

To add some perspective with precise numbers: In 2023, approximately 94.3% of taxpayers chose direct deposit for their refunds, and a significant portion of married filing jointly returns had deposits going to individual accounts. The IRS processed over 109 million refunds last year with an average refund amount of $3,167. Not once in their processing procedures do they validate account ownership against tax return names. They're concerned with accuracy of routing and account numbers, not whose name is on the account. As long as you have access to the account where the funds are deposited, there's absolutely no issue with your approach.

This is such valuable information to share! As someone who just went through tax season myself, I can definitely relate to the stress of wondering if you're doing everything correctly. I had a similar situation where I was second-guessing whether to use our joint account or my individual account for the refund. Your pizza delivery analogy really puts it in perspective - the IRS just wants to get the money delivered to a valid address, they're not checking who's home to receive it! It's really helpful when experienced community members share these practical insights. Tax season is stressful enough without worrying about technicalities that turn out to be non-issues. Thanks for taking the time to educate the rest of us! Did you end up getting your refund processed without any delays using your individual account?

I tried doing exactly what you're planning a couple years ago and ended up getting hit with an underpayment penalty that wiped out a chunk of my credit card rewards. Make sure you meet one of the safe harbor rules: 1. Owe less than $1,000 in tax after subtracting withholding (obviously not your case) 2. Pay 90% of the tax for the current year through withholding 3. Pay 100% of the tax shown on your previous year's return (110% if your AGI was over $150k) For your income level, you'd need to hit that 110% of previous year mark to be safe.

Your math looks reasonable, but I'd recommend being more conservative with your calculations. Based on your 2025 projected income of $289k, you're likely looking at a total tax liability around $50-52k. To owe $8k, you'd want to withhold around $42-44k. However, given your income level, you MUST pay at least 110% of your 2024 tax liability ($46.2k × 1.10 = $50.8k) through withholding and estimated payments to avoid underpayment penalties. This means you can only owe about $1-2k safely, not $8k. If you want to maximize credit card rewards while staying penalty-free, consider this strategy: meet the 110% safe harbor through withholding, then make estimated payments with credit cards throughout the year. You could make four quarterly estimated payments of $2-3k each on different cards to hit signup bonuses without owing a large amount at filing time. Also double-check that your rewards exceed the ~2% processing fees. Unless you're hitting signup bonuses or have cards with exceptional tax payment rewards, the math might not work in your favor.

Am I the only one who donates just to be helpful not for tax breaks? I donate stuff to Goodwill because I don't need it, not to get a few bucks off my taxes. Maybe I'm missing something but it feels weird to make charitable decisions based on tax advantages.

You're absolutely right about the current tax structure discouraging charitable giving for many middle-class taxpayers! The 2017 Tax Cuts and Jobs Act roughly doubled the standard deduction while capping SALT deductions at $10k, which moved millions of taxpayers away from itemizing. This is actually a recognized policy issue. The charitable deduction used to benefit a much broader range of taxpayers, but now it primarily helps higher-income households who can still exceed the standard deduction threshold. Some tax policy experts have proposed creating an "above-the-line" charitable deduction that would work even with the standard deduction, but so far nothing has been enacted at the federal level. For now, you're smart to stop wasting time tracking those small donations unless you're planning to implement a bunching strategy. Your instinct is correct - for most people in your situation, the administrative burden isn't worth it anymore.