EFTA02399349.pdf

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> jeevacation@gmail.com> 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 <jeevacation@gmail.com <mailto:=eevacation@gmail.com» 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 <jeevacation@gmail.com 'jeffrey E." 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) printing. =nbsp; Excel file has summary and de=ail, eg taxes paid, charity, outside K-ls Q=8* not formatted for 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> 2 EFTA_R1_01434261 EFTA02399350 (w) (c) (f) =u> <=iv> please note<=r> The information contained in this communication is confidential, m=y be attorney-client privileged, may constitute inside information, and i= intended only for the use of the addressee. It is the property of JE= Unauthorized use, disclosure or copying of this communication or any=part thereof is strictly prohibited and may be unlawful. If you have rec=ived this communication in error, please notify us immediately by ret=rn e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and al= copies thereof, including all attachments. copyright -all rights reserv=d please no=e The information contained in this communication is confidentia=, may be attorney-client privileged, may constitute inside information, a=d is intended only for the use of the addressee. It is the property ofJEE Unauthorized use, disclosure or copying of this communication or=any part thereof is strictly prohibited and may be unlawful. If you have=received this communication in error, please notify us immediately by jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication a=d all copies thereof, including all attachments. copyright -all rights r=served 3 EFTA_R1_01434262 EFTA02399351