Mickey7@lemmy.world to Lemmy Shitpost@lemmy.world · 11 days agoThis should be truelemmy.worldexternal-linkmessage-square24fedilinkarrow-up1364arrow-down17
arrow-up1357arrow-down1external-linkThis should be truelemmy.worldMickey7@lemmy.world to Lemmy Shitpost@lemmy.world · 11 days agomessage-square24fedilink
minus-squareHeyJoe@lemmy.worldlinkfedilinkarrow-up7·11 days agoSadly, I looked into this years ago because I was wondering whats stopping me from just paying all my taxes at the end of the year and I found that if you let it drop to far from the amount you owe then you can be penalized… https://www.irs.gov/payments/underpayment-of-estimated-tax-by-individuals-penalty
minus-squareCubitOom@infosec.publinkfedilinkEnglisharrow-up1·11 days agoYeah, ideally you want to stay within +/- $1000 range of what you owe
Sadly, I looked into this years ago because I was wondering whats stopping me from just paying all my taxes at the end of the year and I found that if you let it drop to far from the amount you owe then you can be penalized…
https://www.irs.gov/payments/underpayment-of-estimated-tax-by-individuals-penalty
Yeah, ideally you want to stay within +/- $1000 range of what you owe