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Author: SeniorCit Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121316  
Subject: Re: Estimated Taxes for 2009 Date: 4/6/2009 12:03 PM
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That's the problem when you start messing with private payroll systems for a short term law. Either it costs the company a lot of money to make temporary changes or they screw it up completely. A small company using the payroll system for both wage payments and pension payments is going to have a problem. Or they may just not understand the instructions.

In my case the reduction in withholding of tax in pension payment was not by a small company. Lockheed Martin and Goodyear so not sure why they would screw this up.

I will simply be certain that I consider this when calculating my Quarterly estimates.

I thought the discussion on MRD's reducing the estimated tax would bring the comments.

Thank you billjam and also Phil for comments.
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