April 13th, 2010

apple

(no subject)

Harrumpf. When I exercised options last year, the withholding was large enough that I assumed that it was right. This is not in fact the case, and it appears we have a tax liability large enough to buy a fairly nice used car.

Part of why this is so bothersome is that I put taxes into a different mental bucket than stocks and investments--the stock options have always seemed like rather fanciful and unreal money, even after I exercised them, but I feel the hit of the taxes much more keenly.

I would do well to remember that if the investments got me into this problem, they can bloody well get me out, and they are more than capable of doing so.