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Re:Ask HN: Anyone have stock option horror stories? by noodlesUK on Thursday March 17, 2022 @12:00AM (#30707524)
I have no idea where you're writing this from, but in almost any western country that I have any knowledge about what you're describing is wilfully committing a crime.
Re:Ask HN: Anyone have stock option horror stories? by jonas21 on Thursday March 17, 2022 @12:06AM (#30707563)
In the US, it's not a crime as long as you file your taxes accurately. The IRS generally allows you to set up a payment plan or even settle for less than is owed if it would cause hardship to pay.
Re:Ask HN: Anyone have stock option horror stories? by toss1 on Thursday March 17, 2022 @10:35AM (#30711645)
Right, but you DO need to file the tax returns with the IRS, accurately reporting your income, and then actually negotiate the payment plan (and stick to it or renegotiate).

We don't just get to unilaterally declare that 'I'll be uncomfortable paying taxes, so it can wait'... and then not bother to file or negotiate a plan, which seems to sum up OP's position. Wish him/her luck, they'll need it!

Re:Ask HN: Anyone have stock option horror stories? by dragonwriter on Thursday March 17, 2022 @12:09AM (#30707577)
Concealing income is a crime, delaying payment is not (though you will pay penalties and interest). It's quite easy to get a payment plan where you do this and don't risk garnishment or other collection efforts as long as you follow it.
Re:Ask HN: Anyone have stock option horror stories? by toyg on Thursday March 17, 2022 @05:56AM (#30709360)
As others said, as long as you're being transparent to authorities on how much you owe, it's typically not a crime - but it will likely attract interest and extra fees, possibly at punishing levels (depending on how you go about it).

In the end, it's in the interest of the State, like any other creditor, that you don't actually die of starvation (or worse). Getting a continued stream of money, even if smaller than you expected, is better than getting no money at all.

Re:Ask HN: Anyone have stock option horror stories? by exolymph on Thursday March 17, 2022 @02:16AM (#30708187)
Who cares if it's not enforced? Granted, IRS does enforce, but apparently they take their time about it.
Re:Ask HN: Anyone have stock option horror stories? by ShivShankaran on Thursday March 17, 2022 @12:06AM (#30707559)
It's a crime only in US. Most civilized countries allows people to stagger their taxes.