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=idarrete
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