Tax Day Blues? Be Thankful You’re Not Facebook’s CEO, Mark Zuckerberg

Posted by on March 28, 2013 at 10:21 pm
Oh sure, he's smiling now.

Oh sure, he’s smiling now.

If you’re like me, you’ve already paid your taxes and the refund check has already made you cheer/amount due made you jeer. Honestly, most of us just have a W-2 and you can spend half an hour with a copy of TaxCut and be done. If you’re not like me, that means you’re probably rich and in the case of Mark Zuckerberg, you’ve probably got a team working for you. Why? Because the IRS is going to ask him for a billion dollars. Literally.

Of course, since Zuckerberg cashed out a cool billion dollars last year, feeding a team of tax experts trying to figure out his wealth now that his company’s gone public ain’t no thang. Of course, when your bill to the IRS is set to top $1 billion, it better not be. Since most of the earnings are still in stock form, he can get away with a discount since they’ll be considered capital gains, rather than personal income.

Personally, I wouldn’t even look at the forms, I’d have the experts do everything and carry on. Being a big enough target to pay out that much money almost sounds like a celebration, but then, maybe I’m just weird.

Source: CNN Money via VentureBeat

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