How do you guys manage taxes? Particularly if you have large gains. Do you file quarterly etc... to avoid penalties.

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Weird flex but ok

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This year I have about 100K in earnings (thanks mostly you guys here). This would add substantially compared to last year (assuming I hold on the gains). Looks like I should address this in Q4 where I stand

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Base the withholding on what you normally file. If gains are larger than what you normally make you can pay extra but typically you can get out of the penalty if it’s a one offer.

Had a friend that got a 1099 for 50k payment at the end of the year. IRS went a penalty notice but we were able to dismiss it by proving he didn’t owe any taxable income in prior years based on tax return filings and this was an exception.

Just safe harbor with 100% or 110% (depending on PY income) of PY with estimated payments and should be good until extension.

I usually start having paychecks withheld towards the end of the year.

I do a quick estimate at end of Q3 for first part of year, and send in an estimated payment at that point if it is a good year or had a lot of capital gains due to re-allocating long term holdings. Probably 2 out of 3 years.

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My NPS (openeing online on NPS website) was transfered by my employer to their CBO when I opted for NPS from alary to save taxes.

My last working day in the company is 03 Dec. Do I ned to do anything on the CBO part? I am able to login online and see all these details.

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Firms conducting stealth layoffs will regret it. The “looming recession” already happened in the first half of this year.

The Atlanta Fed Q3 GDPNow forecast is currently +2.5%.

Average gas prices nationwide are now under $4.

CPI Inflation likely peaked in June.

Equities and especially growth stocks have been on a tear over the past few weeks.

Firms who hang onto their associates will prosper. The rest will have to overwork their remaining associates, who will quickly lateral elsewhere.

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Peter Schiff is a very angry old man. Imagine if he bought bitcoin when his friend Max Kaiser told him about it in 2011!? He would be been a legend!

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Seeking some advice for home buying. Went under contract on a new construction back in March, was originally supposed to be ready in August but has been delayed until November. I’ve began getting quotes for mortgage rates through lenders and the best I’ve seen so far is 5.75% (excellent credit, dp at 10%) at a 60 day lock. Debating if I should test my luck with the market to see if rates will drop or if I should go ahead and lock my rate in before Rates increase even more

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My new job allows employees to make after-tax (different from Roth) 401k contributions. I understand the benefit of getting more money into a Roth account, but since the earnings are taxed (CONT)

I locked my first house-residential 30-yr @3.275, closing Mid-May. Not sure what to do. NY is in lockdown, can’t even move if decide to proceed, will the rates go up, will house prices drop?

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Math help needed. If my Jersey rent is 2400/ mo, 28,800 annually. 18% of that is 5,184.
What happens now on NJ tax is what I am confused about. Do I get a $5000 refund? 😳

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Hi Fishes, I got an offer of 6400 PLN gross from a bank in Warsaw, Poland. So should I accept it or not. I am a single person so will i be able to survive and save some money with this salary or not???

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Hi fishes, I am searching for 1BHK near IBC tech park for family Any recommendations?

List your % downpayment for your first home

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Any strong opinions on Roth 401k vs Traditional 401k? I max out a Roth 401k but am curious if anyone has found good reasons that I should be focusing on traditional

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Best credit cards for an incoming consultant in the UAE? Is AMEX as good as it is elsewhere?

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Need advice. 44 single female with 250k cash in bank, 140k in 401k, 15k in CD with 2.25% interest and 200k home mortgage. My taxable income is 230k with bonus. Have opened a trading account in (contd

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Does anyone have good experience with insurance bought for parents? Specifically asking if someone has had to use it.

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I got H1B Visa and 83000 USD dollar petition amount as annual package.I am confused as this amount will be enough to survive there with wife and 7 year old daughter.My wife is working here and together we are earning 50LPA annual.We are settled here by owning house too.Confusion is my wife will not be able to work there on H4 Visa so the kind of life we are living here will not be possible there.Thoughts?Suggestions?Pros and Cons?

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Need to vent out something

YOE 3.5 in Cybersec GRC and technical
Age 28
Package: 14 LPA Sr con
MBA
Current savings: 5L

I have started rigorous savings since last month. I feel I am underpaid. Anyone else in the same boat?

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What stocks or funds do you invest your IRA contributions in. Just opened up my IRA last week and looking to see where to invest in.

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Car Loan Question: People that got a car loan from dcu, how does it work when you sell your car to carmax/carvana or any other used car dealerships? Planning to sell my car soon, just want to know what my options are and what else I should be wary of.

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I was expecting my final EY Pay today but it didn’t get deposited. However, I did have an attempted FedEx signature required delivery yesterday. Do you think that is my final check?

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Finished final round interview 2 weeks ago and was told I’d be notified whether I made it to HC last week. Supposed to get final offer notification this week but haven’t heard back from recruiter since 2 weeks ago. Is it common for recruiters to ghost? Should I assume I got rejected?

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Any advice on tailoring resume for SM positions in industry? Coming from LS consultant, post phd background.

Thanks I’m advance!

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I covered my gap in resume and now I’m worried whether they’ll catch it in Background check. What should I say?

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Is it worthwhile to put in new wood floors into a newly bought condo? Will it increase home value? The unit has really old floors, so updating would definitely be a plus, but my long term plan for the property is to rent it out, so not sure if it’s worth spending the $$ to replace the flooring

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To Kill a Mockingbird, adapted for the stage by Aaron Sorkin, is at the Pantages and it’s excellent. There until 11/27.

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Can someone share questions from personal experience for Partner round at PWC India?

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Is BAL really slow for anyone else right now? They haven’t updated my case status in 3+ weeks, even after I followed up. Is this because there are a ton of H1-Bs to process for the upcoming lottery? Mine is H-1B but not part of the lottery

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Looking for an agency producer (mid-level) with live-streaming experience. Thanks in advance for sending me your sites!

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This may seem like a dumb question but is working as a producer at a PR firm much different from at an ad agency? Or rather, does anyone here have experience at both and can tell me the main differences?

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Am I right to feel like my partner doesn’t love me after 4 years of dating when they say they don’t want to marry me if I don’t win the H1-B lottery next year? They say they’re not ready to “settle” but they still love me and I’m feeling disappointed and not sure what to make of this

helpfullike

Seeking a partner in the Chicago area. Reach out to me if interested

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What’s your favorite industry and why? I’m realizing how important it is to be working primarily focused on an industry you’re interested in (esp when working long hours!)

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Just joined ey as a manager. How quickly do you expect your managers or seniors to get up to speed on a client that may be a bit complex? I usually as a manager would give people atleast one season. Just wondering what senior managers and partners expect if managers. The client im on is a bit complex and it’s taken me a bit of time to learn. I’ve been on it for about 3 weeks now and just getting the hang of it. The director is pretty kind and said try your best there is a learning curve on this

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Which ones better for strategy roles? Visa, Mastercard, FIS or Amex? Scoping out potential roles in the UK/Europe

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27yo single male trying to plan my birthday next month. 8 bros are flying in from San Diego. Would love your suggestions for fun things to plan!

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I want to learn as much as possible about digital marketing as I can. Can I get pointed to your favorite resources to learn from? I’m open to free and paid options, I want to get the most up-to-date and future-proof knowledge I possibly can

likesmartupliftinghelpful

Hi fishes, I am searching for 1BHK near IBC tech park for family Any recommendations?

Any 🐟 traveling from PHX to ATL next week ? Want to get some luggage (fit in 1 check in bag) and wondering if any fellow ATL fish will be kind to help out ? Happy to say thank you in 🍕 and/or 🍺

Is 7 lpa a good package for backend development with 1 yoe ?

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Additional Posts in Option Traders & Investing

5/26 Thread (General):

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Do you think crude will pass 200?

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8/26 Thread (BC):

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What are the major metrics you evaluate when contemplating a play?

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If I wasn’t fresh outta liquidity, I’d be looking into some ^VIX puts with a week or 2 til expiry. Lack of volume makes a little hard to trade but it moves so much quicker than UVXY

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Opened and closed JWN weekly $20 puts for 40% gain in about 40 minutes

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Do I finally decide to buy tsla shares or calls now 🤣

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So another flat day huh!!!

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12/3 Thread (BC):

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LINK will follow ETH path. People who missed growth in ETH, don’t miss out on Chainlink.

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My doggy cheering on Doge 🐶🤑🤑

Post Photo
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How much should one pay attention to after hours trading? Not sure whether to sell these at open or keep holding:
NET C $35 5/15
UBER C $29 5/22
DBX C $20.5 5/22 (probably the one I’m most disappointed in) any advice would be appreciated!

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$CCIV ($LCID on Monday) will hit $60/share on October 11th.

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Game time: what was you best stock today in percentage terms. Answer in the comments.

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11/19 Thread (General):

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Sold my first covered call today(sold to open) for UWMC today at 11$. I received 30$ in premium. From my understanding, I keep the shares of the strike is not hit correct? Im confused by the value of the option on TDA

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What’s the latest with UWMC?

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