There are several methods of payment that will keep you from having an underpayment penalty. The method Phil mentioned is just one of those.There is another method that would meet your objections: the annualized installment method. There, you make estimated tax payments based on your year to date income and deductions through the month end just before the payment due date.In anticipation of the next question, you can choose the method that provides the lowest required payment. You can even switch between methods mid-year. There are estimated tax calculators that will guide you. Edcosoft, who posts here frequently, publishes the one that I use.Ira
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