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URL:  http://boards.fool.com/but-if-i-make-the-estimated-payment-and-dont-owe-30456180.aspx

Subject:  Re: Lack of AMT patch by early Jan Date:  12/29/2012  1:39 PM
Author:  TMFPMarti Number:  117235 of 121222

But if I make the estimated payment and don't owe anything come filing time (even get a small refund perhaps), I still have to pay a penalty because the 1st three quarters were low?

Yes. It's a pay-as-you-go system.

You have the information to calculate how much the penalty would be, so you can compare that to what the opportunity cost of the ES payment would be and make a fully-informed decision.

Phil
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