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posted to rec.boats
NOYB
 
Posts: n/a
Default Speaking of Tax Refunds...


"DSK" wrote in message
...
And weren't you a little bit curious about how one pays approx 25% *more*
in quarterly estimated tax than one makes in income?


No. He made $8.82 million, mostly from stock options and royalties. He
paid quarterly estimated tax on that $8.82 million...not on his adjusted
gross income ($1.95 million) after the $6.87 million donation.