nick kozel

[nick kozel @KozelNick]

@HmrPoet @HermesLux I'd be careful with this one. The etfs are not btc. This would likely be considered a wash sale where btc isn't.

[nick kozel @KozelNick]

@fenixeleventwo @trading_pjv77 Renting to an unrelated party, at arms length, for any amount is the definition of fair market value.

[nick kozel @KozelNick]

@HermesLux The cash hoard allows them to buy during the week at lower prices in anticipation of ATM sales later in the week. Maybe a bit better entry points on the BTC side. Showing off all their flexibility these days.

[nick kozel @KozelNick]

@HermesLux yup - ignore it

[nick kozel @KozelNick]

@HermesLux @BitcoinMagazine I thought you lost it all

[nick kozel @KozelNick]

@JoshMandell6 But please.. would you share the analysis results already.

[nick kozel @KozelNick]

@HermesLux My msty experiment will be concluded Friday.

[nick kozel @KozelNick]

@HermesLux @PunterJeff Also part of GAAP, to account for unrealized gains/losses (def tax asset)

[nick kozel @KozelNick]

@HermesLux Four easy payments......

[nick kozel @KozelNick]

@HermesLux Haha.... keep making the money... to cover the shopping lol.... keep the crew happy

[nick kozel @KozelNick]

I like your plan. You reference the failure to pay penalty. That is different than the underestimated tax penalty. Failure to pay applied when you haven't paid the tax due when your return is due. You should consider the underestimated tax penalty in this case. When you file you have to calculate your required tax for the year based on 100% of the prior tax liability or 90% of your current year liability (110% of prior year over a certain income threshold). That amount needs to be paid equally April 15, June 15, Sept 15, and Jan 15. Any cumulative shortfall from each of those days is subject to a daily interest rate, currently 7%. https://t.co/ljJvlR5Myl

[nick kozel @KozelNick]

@HermesLux I struggle to stay focused enough on Audio books. I like to read the paper - then I don't find the time. I did listen to Option Pricing and Volatility on a trip for a few hours a couple weeks ago. that was fun lol.

[Hermes Lux @HermesLux]

Please watch: You won't find another video better than this that explains how the US monetary system works, how debt works, and why you should probably rethink a thing or two about your financial future. If this video doesn't convince you to start saving in Bitcoin, or least BTC derivatives, then there's nothing else I can do for you.

[nick kozel @KozelNick]

@HermesLux Do we follow them, are they catching up to Friday or something in between.....

[nick kozel @KozelNick]

@MSharifpourMD @mikealfred @SteaknShake Pay the lightning invoice with cash via strike. Btc network activity, not tax impact to you.

[nick kozel @KozelNick]

@JoshMandell6 I appreciate whatever you are willing to share. Even if it takes a bit to understand what you are saying.

[nick kozel @KozelNick]

@Googs89_ @HermesLux @sunny051488 The current rate is about 7%... it's interest charged based on the delta between what you should have paid [25% of your liability] each due date forward. Withholding is presumed to have been paid equally, estimated tax payments are credited the date made.

[nick kozel @KozelNick]

@HermesLux Had two 430s for Friday, rolled out to 5/30 465 and 470

[nick kozel @KozelNick]

@HermesLux They won't announce until Wednesday after close, correct? That looks like it is still showing last month.