Not sure this is the correct place to pose this question but if not perhaps I can be directed to the correct board.At 55, I have just retired. approx 90% of my retirement is in company stock which has appreciated approximately 300% above my cost basis. Electing to take this stock at cost basis results in taxable income of approx $90k. The wife and I are planning to build our retirement home requiring approximately $200K of this stock be sold. We have other assets but they are also mostly the same company stock. It seems to me that I am preparing to incurr a tremendous tax bite for next year's tax season, no matter how I do this. Does anyone have any advice on minimizing this tax liability short of not building the new home?Any thoughts are welcome.thanxGLSHEFFI have already decided to delay the bulk of the new home outlay untill next year to try to spread the bite over time but I understand that I will have to send in estimated tax payment in just this next quarter that will exceed my tax payment for 1999.
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