David Mellem

David Mellem
figure gamble
It's a gamble for you to try to figure out what is going to happen. Put away what you know you will have. Then put away a little more just to be safe.
cannot possibly software
It can be horrendous. There's so much that software cannot possibly know.
cost hits lower months range risk sell stock taxes worth
Lower taxes are great, but if its going to cost you money, it's not worth it. If a stock hits your sell range after 3 months, do you really want to risk 9 more months of fluctuation to get a lower tax rate?
affecting calculate entirely name people
The AMT is an entirely different way to calculate your taxes, and it's not really an alternative, as the name suggests. You have no choice. And it's affecting more and more people all the time.
calculate cost determine gain information later loss
You're going to need all that information to determine cost to calculate your gain or loss at a later date.
fix minimize steps time
Once you've done the sale, the only way to fix that is with a time machine. But you can take steps to minimize the (tax) impact.
date due paid plus return
If you can get (the balance) paid by the due date of your return plus extensions, don't do it.
biggest mistake regarding wrote
The biggest mistake regarding record-keeping is not writing things down or not remembering where you wrote it down.