📄 Extracted Text (549 words)
From: Richard Kahn
Sent: Monday, April 6, 2015 12:53 AM
To: jeffrey E.
Subject: Re: BLACK tax projections
It appears exercising no qualified sto=k options are subject to se tax
http://fairmark.com/execcomp/nqoexer.htm<=a> <http://=airmark.com/execcomp/nqoexer.htm>
[email protected]> wrote:
» wrote:
Appears that they are showing SE income as SIRI (=17,126) and URI (412,200) portion of stock sold ??
yet it is listed at 1099=income (thought he said it was 52% or so of proceeds)
See below w=ich I copied from excel schedule under Maste FY 2104 tab
NON-1411 SUB) 1411 NON-1411 NON-1411
NON-SE NON-SE NON-SE SE
ORDINARY ORDINARY ORDINARY ORDINARY
MATERIAL NON-PASS NON-PASS NON-PASS
WAGES 90,403
1099-MISC NQO-URI 412,200
1099-MISC NQO-SIRI 417,126
APOLLO LINKED 5,262,404 58,444,573
1099-INT/DIV LINKED
1099-INT/DIV LINKED
SPLIT DOLLAR
SALE OF ART 28%
PASSIVE LOSS REGAN ARTS/ ARTSPACE/ AVIONETA
OTHER PASS THRU PLUG 2,000,000
OTHER PASS THRU LINKED 1,844,534 5,070,015
90,403 9,106,938 63,514,588 829,326
INTERES= - ART LOAN
90,403 9,106,938 63,514,588 829,326
CHARITY CASH 50% 17,581,910 LINKED
CASH 30% 800,000 LINKED
NON-CASH 20% 31,076,038 LINKED
49,457,948
NQO- WILL TRY TO ASSIGN TO APOLLO - ADDITIONAL CUSHION
EFTA_R1_01434260
EFTA02399349
From: Jeffrey Epstein <[email protected] <mailto:[email protected]»
Date: Sunday, April 5, 2015 at 5:41 P=
To: Richard Kahn
Subject: Fwd: BLACK tax p=ojections
self emplyment income?
Forwarded message
Richard Josli
Date: Sun, Apr 5, 2015 at 5:25 PM
Subject: BLACK tax=projections
To: Brad Wechsle 'jeffrey E."
<[email protected]
The files attached wer= sent to Alan D. and to Tom T. Tom T. signed off on the project=on. His
comments pertain to how much to pay April 15 to ensure valid extens=on and not overpay 412015 estimated tax (paid
with extension payment).
Alternative Minimum Tax both years so I did not put in re=l estate tax or 2013 state income tax
deductions. Foreign tax credit n=t considered (additional cushion — Apollo did not provide)
=nbsp;
Excel file has summary and de=ail, eg taxes paid, charity, outside K-ls Q=8* not formatted for
printing.
Adobe file has BNA software projection FY 2014 and 2015)
Adobe f=le has Apollo 2014 tax items and projected 2015 tax items (prepared by Apollo)
Please call to discuss on Monday —=1 can walk you thru.
=nbsp;
&=bsp;
Richard Joslin
CFO=u>
Elysium Management LLC
445 Park Ave
Ste. 1401
New York, NY 10022=/u>
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