Uncle Sam is dumb.
He doesn’t know how much company stock you’re sitting on.
He only cares what the difference is between when you got it and when you sell it.
So if part of your financial strategy is to diversify all that company stock, you can be smart about it
because Uncle Sam is dumb.
One of the things we do for our Financial Zen Members is to run tax projections for this year and next
year.
Then we compare the two and run scenarios selling your company stock to figure out how much in each
year (and which shares) they should sell.
Forecasting lower income next year? Then sell the least taxable shares this year.
Higher income next year? Then sell the most taxable shares this year.
And you don’t even need to be a Financial Zen Member to be able to do this.
If you have TurboTax from last year, you can do your own projections by copying last years return data
and plugging in the updates.
I dive deeper in today’s video…
