Virginia Supplemental Tax Regulations for Nvidia RSUs
Virginia taxes taxable income over $17,000 at a top rate of 5.75%. Employers withhold supplemental wages at 5.75%.
Virginia Safe Harbor & Underpayment Penalties
Virginia 760ES quarterly payments.
Employer Stock Plan Specifics: E*TRADE by Morgan Stanley
Due to Nvidia's dramatic stock appreciation, refresher and historical grants produce astronomical vest values. Once your cumulative supplemental wages cross $1,000,000 within a calendar year, E*TRADE increases withholding from 22% to 37%, creating an intra-year cash flow whipsaw.
When vesting at Nvidia, E*TRADE by Morgan Stanley calculates automatic sell-to-cover withholding using Virginia's statutory supplemental rate of 5.75% combined with the federal supplemental rate (22% on up to $1M). Because top earners in Virginia reach marginal brackets exceeding these rates, you will face an incremental shortfall on April 15.
Localized CPA & Advisory Referral
Advisor Guidance: Connect with a Northern Virginia tech CPA to manage quarterly 760ES vouchers for Amazon HQ2 & tech equity compensation.