Search Real Decisions & Outcomes

@u_fly_fish_1about 1 month ago

1 year later later

taxesElectronic Filing

"Use someone else's bank account for federal tax payment"

I didn't know it was possible to use someone else's account, but it worked fine

What I wish I knew

"Verify account owner's consent before using their account"

Advice

"Double-check IRS rules before using someone else's account for tax payments"

2/10 regret

@u_StegersaurusMarkabout 2 months ago

1 year later later

taxesRSU vesting

"Sell-to-cover executes down 15%"

RSU vesting resulted in immediate taxable income and a 37% share drop due to sell-to-cover

What I wish I knew

"RSU vesting tax implications before the event"

Advice

"Consider long-term tax planning and harvesting for optimal results"

6/10 regret

@u_MistakeBorn4413about 2 months ago

1 week later later

taxesestimated tax payment

"forgot estimated tax payment in tax return"

Forgot $500 estimated tax payment in Q1 2025

What I wish I knew

"Estimated tax payments are reportable on tax return"

Advice

"Double-check tax return for all payments"

8/10 regret