Re: More boring tax questions
I got the same plan. See I sold a bunch of stock for a huge profit, and plan on buying a bunch of stock in another company with the money. If I pay taxes on all this money I made on the stock sale, then I won't have as much money to buy this other companies stock, and won't make as much when the stock goes up. That sucks. And if the stock goes down, or the company goes broke, then I would have paid tax on money I don't have anymore! That is crazy. So I'm just going to tell the IRS to screw off this year. They won't throw me in jail or anything, will they?
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