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Thread: Bet you haven't done anything this stupid


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Permlink Replies: 31 - Pages: 3 [ Previous | 1 2 3 ] - Last Post: May 1, 2012 7:12 AM Last Post By: sharidale
inyun

Posts: 5,850
Registered: 10/16/11
Re: Bet you haven't done anything this stupid
Posted: Apr 30, 2012 7:46 PM   in response to: martitalbott in response to: martitalbott
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They will not even notice it.
sharidale

Posts: 489
Registered: 07/24/10
Re: Bet you haven't done anything this stupid
Posted: May 1, 2012 7:12 AM   in response to: inyun in response to: inyun
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Estimated taxes and not taxes actually owed? Such as you'd pay with a 1040-ES form? Then you don't have a problem. You can make the additional payment now if it's a large amount, or add it to the next payment if it's a small amount. Just use another coupon and mark it with the same quarter/year.

Estimated taxes are an assumption of what you're going to earn, and how much the IRS expects you to pay through the year on it. Worst case scenario is an underpayment penalty later if the amount is big enough and you don't pay it.

Seriously nothing to sweat about :-)
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