vnprc on Nostr: Yeah if you have to sell to pay the tax you get double tapped. You can technically ...

Yeah if you have to sell to pay the tax you get double tapped. You can technically defer the second tax payment for a year since taxes are due in April.

But the IRS gets real mad if you wait until your taxes are due to actually pay them. They punish you if you don't prepay, they punish you if you prepay too little or too much, and they don't tell you how much you. owe, you have to guess.

It's a great system!