On 7/21/2015 2:22 PM, taxed and spent wrote:
> "JRStern" > 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.
>>
>> They don't seem to care just so it's all in by Jan 15.
>
> Preposterous, as a general proposition. You must hit your quarterly
> payments on time and in their full amounts, or you are subject to penalties.
>
>
>

Yes, subject to, but not always imposed. There may be a secret formula.
Just like the highway with a speed limit of 65 mph. I set the cruise
control to 70 and go by a couple of radar traps with no problem. I'd
not try to do that at 73 though, or whatever the magic number is.

IRS may not bother with a $500 missed payment but will jump on $XXXX.