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http://boards.fool.com/i-am-a-bit-confused-about-estimated-tax-payments-11877697.aspx
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| Subject: Re: quarterly tax payments | Date: 1/26/2000 9:21 PM | |
| Author: arrete | Number: 2610 of 682867 | |
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I am a bit confused about estimated tax payments. Does the gov't really care whether you've made four quarterly estimated tax payments, or simply that the tax money is paid by year-end? I know that in theory it's supposed to be a "pay as you go" system, but in practice I don't see how they would know if I received non-salary income (e.g. stock sales, option exercises, IRA distributions) throughout the year or just in December. I have found a somewhat old post (#63) by TMF Taxes on the Inheritance Strategies board that is chock full of info about estimated tax payments. Useful for anyone that has the priviledge of paying those pesky things. http://boards.fool.com/Message.asp?id=1040009000017000&sort=id arrete |
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