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Day Trading Tax Treatment: estimated tax penalty avoidance

Started by housingcrisis_29 · May 22, 2024 · 3,766 views · 0 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
HO
housingcrisis_29 OP

I've been trying to resolve this on my own but I'm stuck.

estimated tax penalty avoidance. I've been dealing with this for about 11 months now and the situation isn't improving.

I have already consulted briefly with a lawyer but did not get a clear answer.

What are the risks if I pursue this? What's the likely timeline?

KM
kyle_m_co_22

Yeah just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.