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URL:  https://boards.fool.com/q-estimated-taxes-13171281.aspx

Subject:  Q - Estimated Taxes Date:  8/22/2000  3:56 PM
Author:  DockRat Number:  4907 of 22187

I'm hoping to take the big plunge into "R" next year and am wondering: I've read that you have to pay estimated income tax on your last year's earnings. My retirement income from savings etc. will only be around 40% of that. Do I take a really big hit on this years earnings or pay estimated taxes on what I will actually be drawing?
Thanks, Jim

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