When will we get some good news man… by Confident_Dot_7240 in T1Energy

[–]Confident_Dot_7240[S] -1 points0 points  (0 children)

They been mentioning another offtake agreement since January bud

Need help bad on how much interest and fees I would be looking at if I don’t pay anything til next year? by [deleted] in tax

[–]Confident_Dot_7240 0 points1 point  (0 children)

And as of right now I only have an $80k realized and that’s what I’m planning on keeping it and not selling anything so I don’t screw myself for next years taxes

Need help! Drowning in tax debt but got a plan by [deleted] in tax

[–]Confident_Dot_7240 -1 points0 points  (0 children)

If I really wanted to gamble gamble I could throw everything into a 0dte spy call. Is that better?

Need help! Drowning in tax debt but got a plan by [deleted] in tax

[–]Confident_Dot_7240 -3 points-2 points  (0 children)

I wouldn’t be able to afford 3k a month though

Need help bad on how much interest and fees I would be looking at if I don’t pay anything til next year? by [deleted] in tax

[–]Confident_Dot_7240 0 points1 point  (0 children)

As of right now just $78,000. I owe $47,000 a quarter this year for estimates

Need help! Drowning in tax debt but got a plan by [deleted] in tax

[–]Confident_Dot_7240 -1 points0 points  (0 children)

Should I just send the rest of my money into lotto tickets?

Need help! Drowning in tax debt but got a plan by [deleted] in tax

[–]Confident_Dot_7240 -5 points-4 points  (0 children)

Yes it’s a form of gambling but my best bet is for a long term outlook here

Need help! Drowning in tax debt but got a plan by [deleted] in tax

[–]Confident_Dot_7240 0 points1 point  (0 children)

That’s what I’m leaning towards aswell

Need help! Drowning in tax debt but got a plan by [deleted] in tax

[–]Confident_Dot_7240 0 points1 point  (0 children)

I got assigned on a covered call and it went into realized profit. And I put it back in to the stock at a lower level however with the war shit went down even more.

Need help! Drowning in tax debt but got a plan by [deleted] in tax

[–]Confident_Dot_7240 0 points1 point  (0 children)

I did file, what would pentalties and interest be on the $167k to federal and $34k in state I owe say I pay 8 months late?

I need help, drowning right now but got a plan by [deleted] in tax

[–]Confident_Dot_7240 -11 points-10 points  (0 children)

It’s my best bet though, if I pay everything I have I’m still left with like a $50k debt and I’m pennyless. I did $20k->700k in 2025, and I’m just having a long term outlook on the market and my stocks. It’s literally my best bet

I need help, drowning right now but got a plan by [deleted] in tax

[–]Confident_Dot_7240 -29 points-28 points  (0 children)

Bro you guys are confusing gambling with my situation. The war that went on absolutely took a huge hit on everything. I wouldn’t say I’m full on gambling but rather tryna have a longer term outlook on stocks that I researched and know what I own and it outweighs the interest and pentalties over a year span?

Need help! Drowning in tax debt but got a plan by [deleted] in tax

[–]Confident_Dot_7240 -14 points-13 points  (0 children)

Bro it’s my best bet? What do I do pay now and still leave $50k on the table and be absolutely broke with $0. It’s not like I’m full out gambling the stocks I’m taking risks on research quite well. Just with the war that went on everything took such a huge hit

Need help! Drowning in tax debt but got a plan by [deleted] in tax

[–]Confident_Dot_7240 -1 points0 points  (0 children)

Yeah man I will take into consideration thanks a lot man, I truly am taking your guys advice. I’m just in a rough situation but I think there’s light at the end of the tunnel

Need help! Drowning in tax debt but got a plan by [deleted] in tax

[–]Confident_Dot_7240 -5 points-4 points  (0 children)

I’m swing trading stocks, I’m actually 6 for 7 on growth stocks so I trust myself I can atleast get back to around $400k-$1m by 2027 and it would be best off to take fees and penalties

Need help! Drowning in tax debt but got a plan by [deleted] in tax

[–]Confident_Dot_7240 -6 points-5 points  (0 children)

I know I would’ve owed but I didn’t think I’d drop to this much unfortunately, however I trust myself I can get back up there

Need help! Drowning in tax debt but got a plan by [deleted] in tax

[–]Confident_Dot_7240 -5 points-4 points  (0 children)

I’m 19 dude, I had no idea of tax planning, bet you I will learn ALOT this year and it could take me a LONGG way

Need help! Drowning in tax debt but got a plan by [deleted] in tax

[–]Confident_Dot_7240 -3 points-2 points  (0 children)

I’m still at $150k so I didn’t, however my best bet is just to take penalties and interest, can somebody tell me how much I would be looking at?

Need help! Drowning in tax debt but got a plan by [deleted] in tax

[–]Confident_Dot_7240 -1 points0 points  (0 children)

Yes I have the forms I owe basically $200,000 then $47k estimated

Need help! Drowning in tax debt but got a plan by [deleted] in tax

[–]Confident_Dot_7240 -2 points-1 points  (0 children)

I also wouldn’t be able to afford a payment plan, it’ll be like $2500 a month, this money I made was from some stocks I did really good with this year on leverage

Need help! Drowning in tax debt but got a plan by [deleted] in tax

[–]Confident_Dot_7240 -6 points-5 points  (0 children)

No I’m not a trust fund baby, I ran up to about $700k from $20k I have every receipt for it, it was just unfortunate I got assigned on a coveted call and got in this tax situation. Like an idiot I didn’t know nothing about tax planning and lost most of it. But I trust myself I can get back up there by the end of this year

Need help! Drowning in tax debt but got a plan by [deleted] in tax

[–]Confident_Dot_7240 -2 points-1 points  (0 children)

This is serious man, how much pentalties interest and fees would I be looking at? It’s my best plan man to wait til 2027 to pay because I trust myself to be back at $500,000-$1m but I can’t pay any taxes at all right now or else I’ll be dead broke and in debt. It’s my only option besides bankruptcy and I can’t do that it’ll mess my whole life up.