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Author: bkcpa1 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121341  
Subject: Re: Estimated Tax Payment Date: 4/8/2000 6:13 AM
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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.

bkcpa1
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