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The income has already been realized. Talk with a tax professional, it will be worth the 1-2 hours of time and that cost. Worst case, they confirm the bad news and you need an installment plan.

You want a tax professional who is knowledgeable around this specific tax treatment. Get a referral from someone you trust if you can.

https://www.latimes.com/archives/la-xpm-2000-dec-22-fi-3328-... (Echos of 1999-2001)

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Ouch. Yes, this sounds exactly like what happened to me.

I am on an installment plan. Have been paying this down for a bit now, but it is becoming an increasingly difficult financial burden to bear.

I have hired the one guy who said he might be able to do something to help for $295 for him to do some "research." I'm probably just screwed.

Check with https://grellas.com/contact-us/ if they can refer you to a tax professional they work with. They are skilled practitioners in the startup/venture space.

I am terribly sorry that you are having this experience, and hope you can find some relief.

Thank you so much.

I was trying to work with a local firm up here in the PNW but they have little experience in this area.

I now have an appointment for a consult with that firm you linked. You rock.

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