Uh, they're income to the employee in the state they work when they vest. California has a very weird and ambitious law that tries to claw income from grants made while the employee worked in California (even long after the employee has moved out of the state), but that is not the norm.
Can attest to this. I moved away from California in 2021 and continued to work for my employer. I pay taxes on RSUs that were granted in California as they vest in both California and my new home state. My state (and I expect most others) has a tax credit for taxes paid in both states.
If anyone finds themselves in this situation, I would highly recommend hiring a tax advisor who can help you navigate this.
> My state (and I expect most others) has a tax credit for taxes paid in both states.
I'm in the same situation but NY but opted out of this credit because for the amount I would get back on double-taxation, NY state wanted to tax me an additional 10x (and more than 50% of the value of the sold shares...) as much filing a return in their state even though I didn't earn any income there.
Plus an underpayment penalty.
I just skipped the NY return because I didn't earn any money there and shouldn't have to file a return with the state. Fuck them.
Yes this is only for grants made while you were working in California. But even if the vest happens years later and you’ve lived in another state for years, California still wants their cut.
That's correct, only for grants that were made while I was living in California. Any subsequent grants I receive in my new home state are not subject to California state taxes.
It's not really weird. California has a huge problem with people coming here to strike it rich, doing so, then abandoning the state in order to avoid taxes on the money they made while working here.
They're not exactly out of line in asserting that you earned that income while living in the state, even if you "happen" to move elsewhere just before selling your ISOs/RSUs.
But if you move somewhere else before they vest, you earned the money on the vest date, not the grant date. My four year grant is not “earned” the day I sign it. It’s incentive for four years of work.
My reading of the tax code in California is that the tax is pro-rated over the time you were resident in CA. E.g you get a grant with a 4 year vest in California and move away after 1 year: 1st year California gets all the calculated tax, second they want 1/2, 3rd year 1/3, 4th year 1/4. Roughly like that (it’s actually counted in days).
Yes, but as far as I know that’s not the type of situation CA is generally chasing people down over. Maybe there are exceptions but I do agree with you that in typical situations it should be about when the equity vested, not when it was granted.
Unvested grants aren't income. California is wrong. This is just a middle finger to people leaving the state, a group that conveniently happens to have no representation in the state government.
They are split automatically at my company. If 4 year vesting, you live 2 years in CA, 2 years in MI, 50% of the income is counted as income for each states taxes.
Yeah. Sampling bias is fixed with Cranley Patterson rotation.
For real time rendering, blue noise is the thing to use though. At low sample counts you can't converge so you should hide the error perceptually instead.
BTW, you probably never found the irrationality measure to be very useful, because it's well known that almost all real numbers have irrationality measure 2.
Game development tends to make code more in this style, half way between C and C++.
The reasoning of this is primarily the need to avoid hidden costs in the STL, but to be honest is also just momentum & culture :)
Heya ladberg:
* Were you doing direct light sampling (next event estimation)? If so that would explain it. It's the most naive path tracing you can imagine, so it's easier to understand.
* Or, it might be how shadertoy is vsync limited to 60 fps which means each pixel only gets 60 samples a second, when it could be getting ~64x as much before i see any slowdown.
