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Author: jaloti One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121572  
Subject: Re: skipping last estimated tax payment Date: 1/14/2006 6:04 PM
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Well, I probably already sounded like an idiot, so here goes . . .

I pretty much just used turbotax 2004 to calculate estimated taxes for 2005. I did some rough estimates on my own, and it was in the ballpark, so I just used turbotax's numbers. Where did I go wrong? Well, I think it was a lot of little things adding up--wife's income was somewhat less than anticipated, though not substantially so, dividends and investment income less than anticipated, itemized deductions more than anticipated.

Still, I'm kinda scratching my head as to how I was so far off . . .
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