SF's tech industry means stock options, RSUs, and crypto income create complex tax scenarios. Many residents receive notices when equity compensation isn't properly reported.
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“RSUs from my startup vested but weren't reported correctly. Got a $18K discrepancy notice. For $99 I learned exactly which form to file instead of paying a CPA $500/hr.”
Tech workers: RSUs are taxed when they vest, not when you sell. If your W2 doesn't include RSU income correctly, expect a CP2000.
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Based on San Francisco's economy and demographics, these are the most frequent notice types:
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