Agoracom: Small Cap Investment - Mosaic ImmunoEngineering Inc. - Re: Paying of 2008 gains

Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

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SGE1

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Re: Paying of 2008 gains - Wings

in response to

Paying of 2008 gains

Wings05

posted on Jan 02, 2008 08:30AM

I understand the need to pay estimated taxes. But how could the IRS or state go after anyone on an unreported estimated gain that they won't be made aware of by the brokerage house till after the end of 2008? And what's the penalty - 10% pro-rata?

SGE

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