I've been retired now for seven years. I have income tax with held from my pension , but as far as my investments go (your guess is probable better than mine as to what they are going to do ) So i just devide this years tax due less the amount that I know will be withheld from my pension and devide that by four and send the results in every quarter. That way all I have to do is remember the due date of the estamated taxes and let the chips fall where they may. this way I eather write a check out at tax time or I can expect a check from my rich uncle that lives in Washington D.C. But I never have to worry about penalties.
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