Short and long term taxes, do I pay taxes as I withdraw money up to the number I desire per year or I am missing something ?
For Example: If I make $250k in options in 2025 do I pay taxes on it regardless of if I keep it or withdraw it for use or reinvest it for long term hold?
Short term (single)
10% $0 - $9,700
12% $9,701 - $39,475
22% $39,476 - $84,200
24% $84,201 - $160,725
32% $160,726 - $204,100
35% $204,101 - $510,300
37% $510,301+
Long term (single)
00% $0 - $48,350
15% $48,351 - $533,400
20% $533,400+