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Author: arrete Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 745019  
Subject: Re: quarterly tax payments Date: 1/26/2000 9:21 PM
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I am a bit confused about estimated tax payments. Does the gov't really care whether you've made four
quarterly estimated tax payments, or simply that the tax money is paid by year-end?

I know that in theory it's supposed to be a "pay as you go" system, but in practice I don't see how they would know if I received non-salary income (e.g. stock sales, option exercises, IRA distributions) throughout the year or just in December.


I have found a somewhat old post (#63) by TMF Taxes on the Inheritance Strategies board that is chock full of info about estimated tax payments. Useful for anyone that has the priviledge of paying those pesky things.


http://boards.fool.com/Message.asp?id=1040009000017000&sort=id


arrete
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