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Don't forget to pay your taxes today

I filed an extension.

I don't mess with the IRS rules. Had some new crypto gains (short term, ugh) I had to report and still waiting on some K1s.

Rest assured, they already have my money.
 
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I had to write $10,700 between state and federal. I miscalculated thinking some gains were long term versus short/getting caught up in a wash rule. Need to pay a little more attention when closing positions. Good news is no penalty because I had already paid in more than I paid total for 2020.

I think I’ll go ahead and become President and fix the whole tax thing by getting us back to what the federal government was intended to be - limited. Cut everything that is nt set forth as a federal power in the Constitution and cut the federal tax rate to a flat 10% of total income. The states can then adjust their rates for all the services they then want to provide. Everybodies federal tax return would be one page instead of the 42’pages I had this year.

Then people could pick where they want to live based on how each state handled its business. They could directly elect the leaders that support their positions.
 
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