Message Font: Serif | Sans-Serif
UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next
Author: bkcpa1 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 122553  
Subject: Re: Estimated Tax Payment Date: 4/8/2000 6:13 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Dear Lukemark,

Yes, the estimated payment is due April 17th (the 15th is a Saturday). Which gives you 2 extra days. However, you may not need to make the payment if you don't have to. If you have filed your 1999 tax return look at Line 56 of the Form 1040. This is your total tax line. Compare that to line 64 which is the total payments. Without the capital gains you are going to report on your 2000 return if you expect these two lines to be comparable, and you will have had paid in all of the tax on line 56 by 12/31/00 by only using withholdings, you will not need to make the estimated tax payment until 4/15/01.

So be a fool and let your money work for you and the the Infernal Revenue Service.

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next


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.
Kiddie Card Board
Should kids have their own credit card?
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.
Post of the Day:
Saul's Investing Discussions

INBK Q1 2015 Earnings Analysis
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
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.