I looked in the FAQ on estimated taxes, and I think I found my answer, but I want to make sure I'm reading it right!Keep in mind that if an income spike occurs early in the year, you can't put off paying estimated taxes until a later quarter. Each quarter is treated independently.With each quarter being treated "independently" - does this in fact mean that the payments do NOT have to be equal each quarter, and that if necessary, you could just file one during the year if that is what it would take to put things where they should be? (IE, make an estimated in June, then change your withholding for the rest of the year to eliminate any other estimated payments being needed.)Thanks!Cindy
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar<