I will be receiving a net profits distribution, which will be sizable relative to my income from my day job. This distribution was a complete surprise -- it occurred on Dec 22 -- so I haven't paid any estimated taxes this year. Is there anything I need to do between now and April 15th to avoid any tax penalties? That depends. Is your 2010 withholding at least as much as your 2009 total tax? If so, no.PhilRule Your Retirement Home Fool
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