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Personal Finance and Investing

question everything

(50,618 posts)

8. One more point

Reply to progree (Reply #5)

Fri Sep 11, 2020, 08:59 PM

Sep 2020

When first started, I would pay the last quarter in December, not in January. The purpose, at least in the first year, was to include more state taxes to be itemized the following year.

But I thought that the January payment is supposed to take into account the activities during the past year and to adjust accordingly.

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Do estimated taxes have to be the same each quarter? [View all] question everything Sep 2020 OP

I don't send the same amount every quarter wryter2000 Sep 2020 #1

Thanks. question everything Sep 2020 #2

You should probably wait until some others chime in wryter2000 Sep 2020 #3

I will. Have four more days in this month question everything Sep 2020 #4

No, but you may have a penalty, and you will have to fill out Form 2210 to annualize progree Sep 2020 #5

There you go wryter2000 Sep 2020 #6

Thanks. This is what I thought question everything Sep 2020 #7

One more point question everything Sep 2020 #8

Here's a Kiplinger article on what periods the estimated taxes cover progree Sep 2020 #9