logoalt Hacker News

greedoyesterday at 7:47 PM1 replyview on HN

So your friend had a large taxable event occur, ignored any advice that such tax event would persist over the tax year, and failed to act at any time to address his tax shortfall. Sounds like he had a shit tax/financial advisor. And to consume all of his net worth etc, the number of options that vested must have been quite large.

Not going to be sympathetic to someone YOLO'ing their compensation/taxes.


Replies

WalterBrightyesterday at 8:30 PM

He didn't know about that tax rule, which was enacted that year. A lot of people were shattered by it.

show 1 reply