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Paul M. Cook Paul M. Cook is offline
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Default OT - anyone here pay estimated US income tax?


"Janet B" > wrote in message
...
> On Sat, 18 Jul 2015 16:20:00 -0700 (PDT), Kalmia
> > wrote:
>
>>what happens if you are late getting that payt in? I missed it by 2
>>weeks.
>>I usually overpay and get a refund in Feb.

>
> You pay a prorated penalty at tax return time. It is taken from the
> refund. Nothing else happens.
> Janet US


Never heard of that and it has never happened to me. I pay sometimes only
twice a year. Been doing that for 24 years now. The IRS only really cares
if your payment is less than 90% of what you owed last year.



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