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Re: pete807 post# 2225

Tuesday, 05/21/2019 11:18:27 AM

Tuesday, May 21, 2019 11:18:27 AM

Post# of 7496
all cash - tax following April 15th.

If a large profit, you have to beware of estimated tax requirements. Estimated taxes are supposed to be paid in the quarter in which you realize the large gain. As a practical matter if your gain is relatively small, you can wait until 4/15. If your gain is significant and you don't pay in the quarter realized you may run afoul of "safe harbor" regulations and pay a penalty on the under withholding. As always check with your tax person.

Rob
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