WTF, I browse a lot of stock stuff on the internet and have only recently come across this; I made about $250,000 profit cashing out a certain meme stock in late January. Put aside $100,000 in my bank account knowing I'd have to pay short term cap gains tax with my filing next year. Now I'm reading I should pay quarterly estimated tax payments to avoid fines because I'm obviously not having enough withheld from my $75K job.
Time to talk to a tax guy? I don't mind paying now, I gotta pay at some point, but don't want to pay more than needed (obviously).
Submitted July 06, 2021 at 11:12PM by HackerKayaker https://ift.tt/3yuscj7
