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Author: forge Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121572  
Subject: taxes on stock options Date: 10/28/1999 10:54 AM
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I recently cashed in some of my options, but unlike when I did this in other jobs income tax was not taken out.

My first inclination is to take the money that would go to taxes and stick in a money market account until April. However, I wanted to make sure the IRS wouldn't impose a penalty for paying such a large sum on April 15th.

Thanks for any suggestions.
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