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Tuesday, September 01, 2020 5:38:14 PM
Thank you,
I think some here are going to be in for a surprise here if this closes before Dec. if not in an IRA type investment.
They bought back in and might not make the one year for capital gains.
Hope they are thinking ahead to make sure they pay their estimated taxes if not long term gains.
People tend not to think about it and we are close to the end of the year.
They are likely to face a much bigger tax bill if they don't make the one year.
As my CPA said, the IRS looks at how much you pay in estimated taxes, each quarter, even if it all hits the last quarter in deciding penalties.
No fear here.
Boing X 2
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