The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/fwiw-turbotax-says-my-penalty-is-about-70-on-30466839.aspx

Subject:  Re: Implications/penalties of converting to Roth Date:  1/4/2013  4:32 PM
Author:  Wradical Number:  117298 of 121599

fwiw : TurboTax says my penalty is about $70 on $3500 tax
.... I figure it's not worth the trouble to deal with ES at
this point

==============================
It's not much trouble. You just go to the IRS website, download/print the Form 1040-ES, fill it in, and send it in with a check.

The form is just a coupon/voucher where you fill in your name, address and SS No., and amount you're paying.

It's a lot less trouble than getting set up with EFTPS.

Bill
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us