...did not have any cash to pay the tax man.
If your tax bill is 400k at least send in 200k don’t fuck around.
I'm not concerned about my lack of discipline, with respect to touching the funds allocated for tax, but now that you mention it, don't you start to accrue penalties or something (interest owed ?) depending on when/how much you sell in the quarter ?
Don't feel like emailing my tax dude right now... Rick just asked why not wait until end of Q4 to pay tax ?
Current max tax rate in US for long-term gains is 20%.
Oh, fucking bonus ! Thought is was 23.8% or something (was at some point ?). That extra 3.8% will probably buy Rick a new gold codpiece he's been eyeing...
Sorry, you are right about 23.8%, unless it is below the numbers in the article below, but from what you said, it bound to be higher..#noschadenfreude