Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Congrats of Making $ on the stock. Now let's look at
the "Computer Program" that suggested quarterly
payments. It is a standard note in tax programes, an
"alert", if you will, when you have to pay. Take the good old bull by the horns and project your total 1999 income and your tax! Do it NOW. Remember, you paid more tax in tax year 1998 - is witholding the same ? Will your tax for 1999 be more? What will your home ownership do to help your tax bill? Mortgage interest , real estate taxes, personal property taxes are deductible, as well as any points you paid for loan origination although there's not too much of that going on - this month. Best get thee to your tax preparer or your computer tax program and see what it looks like ahead of time.
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.