From: Richard Kahn Sent: Tuesday, September 13, 2016 7:43 PM To: Jeffrey E. Subject: q3 estimated tax Summary to date 4-15-2016 - we projected a balance due of =50,000 for 2015 tax return balance to be =aid 5,000,000 (total income) x 40% = 2,000,000 / 4 = 500,000 + =50,000 for 2015 = 750,000 ->amount paid 500,000 6-15-2016 - ->amount paid =50,000 9-15-2016 - after just completing =TC tax return we are now estimating 7,000,000 of non edc interest =ncome and dividends for calendar year 2016 =/span> STC operations and consulting fees paid for calendar =ear will be approximately 2,500,000 resulting in pass thru loss of that =mount offsetting interest and dividend income =nbsp; min taxes to =e paid 4,500,000 x 40% = 1,800,000 / 4 = 450,000 x 3 quarters = =,350,000 plus projected 250,000 2015 balance due = =,600,000 Total to be paid per =ummary above =/span>1,600,000 Paid 4-15-2016 = ( 500,000) Paid =-15-2016 = ( =50,000) Estimated amount due 9.15-2016 =/span> 850,000 Please advise amount to pay Thank =ou Richard Kahn HBRK Associates Inc. 575 Lexington =venue 4th Floor New York, NY 10022 tel fax cell 1 EFTA_R1_00104036 EFTA01783415