Ralph Melton (ralphmelton) wrote,
Ralph Melton
ralphmelton

It's nice to see that I'm learning from experience a bit. After last year's Painful Tax Surprise, I'm looking at 2010 tax projections now.

Apparently Apple has been under-withholding on the stock income I've had. So I can't avert "Painful", though I can avert "Surprise".

I need to keep in mind that if I sell stock to cover the taxes, I still end up with more stock than if Apple had withheld exactly enough money. Otherwise I'll feel that I'm dipping into my principal to cover the taxes, and that's not a happy thing.
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