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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (33027)	11/2/1999 3:34:00 PM
From: Tony B	Read Replies (1) \| Respond to of 70976

**** OFF TOPIC *** I am kind of new at selling stocks. Only been in this game for 3 or so years. I hope you guys can help me with my question on paying taxes. Problem last year I sent an e mail in to the IRS and turbo tax, and never got a direct answer, but a answer that refereed me to use the pub 505. Hell I know that and could have done that on the Internet, if I wanted to do tons of reading and still not understand what to do. Since then I did read it and it didn't tell me what I need to know. Here is the question and I will try to make it as simple as I can. Question - I sold amat for a profit, say Thirty one thousand dollar profit. I need to file a estimated tax on this profit. All the rest of my income is standard. My yearly salary and my wife's salary from our jobs where taxed and are held out each payday. Some years I don't have anything to claim except our jobs, other years I may sell a stock or two. Some years I may hold the stocks and not sell. I can not estimate how much I will sell or when I will sell. I need a simple answer of what form to use and where to put what figures on the form. Last year I paid penalties, because IRS nor Turbo tax gave me a simple answer. What do you all do. Thanks in advance. Tony! My e mail address is abrehm@lsumc.edu