Replies to post #21468 on Ariad Pharmaceuticals Inc fka ARIA

[BuyOnDips]

RumRunner

You are spot on with your calculations. I have a CPA that guides me through these situations. The money spent on my CPA, is well spent IMO.

The tax situation differs for each investment option. Cash accounts, 401Ks and Roth IRA’s are just a few examples.

Great post

BOD

[Bxofscidad]

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Let me preface my statement by revealing that I am a tax attorney, former IRS agent and have been practicing tax law for over 40 years.

To avoid any penalty for under estimating your taxes, you must have at least 110% of the prior year's taxes, paid in in either withholding, and or estimated taxes. If you do, then there is absolutely no penalty for any amount that is under estimated.


Barry