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General Cooking (rec.food.cooking) For general food and cooking discussion. Foods of all kinds, food procurement, cooking methods and techniques, eating, etc. |
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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. |
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On 7/18/2015 5:20 PM, 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. > Apply for an extension. Easy peasy. |
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![]() "Kalmia" > wrote in message ... > 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. No worries. Nothing will happen. --- This email has been checked for viruses by Avast antivirus software. https://www.avast.com/antivirus |
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On 7/18/2015 5:48 PM, Paul M. Cook wrote:
> "Kalmia" > wrote in message > ... >> 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. > > No worries. Nothing will happen. <chuckle> Mmmm hmmm... |
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Kalmia wrote in rec.food.cooking:
> 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. I don't think 2 weeks is enough to cause a problem. -- |
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![]() "cshenk" > wrote in message ... > Kalmia wrote in rec.food.cooking: > >> 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. > > I don't think 2 weeks is enough to cause a problem. > Of course it is. He may be assessed a penalty. Nothing to be done about it now but wait. |
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On 7/18/2015 8:17 PM, taxed and spent wrote:
> "cshenk" > wrote in message > ... >> Kalmia wrote in rec.food.cooking: >> >>> 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. >> >> I don't think 2 weeks is enough to cause a problem. >> > > Of course it is. He may be assessed a penalty. Nothing to be done about it > now but wait. > > Think he's a slow Lerner? |
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On 7/19/2015 1:16 PM, Acme Bully Control wrote:
> On 7/18/2015 8:17 PM, taxed and spent wrote: >> now but wait. >> >> > Think he's a slow Lerner? Barbara J. Llorente FRAUD! No one cares about you. Get OUT! _,..._ /__ \ >< `. \ /_ \ | \-_ /:| ,--'..'. : ,' `. _,' \ _.._,--'' , | , ,',, _| _,.'| | | \\||/,'(,' '--'' | | | _ ||| | /-' | | | (- -)<`._ | / / | | \_\O/_/`-.(<< |____/ / | | / \ / -'| `--.'| | | \___/ / / | | H H / | | |_|_..-H-H--.._ / ,| | |-.._"_"__..-| | _-/ | | | | | | \_ | Barbara Llorente | | | | | | The | |____| | | |Troll Enabler | _..' | |____| jrei | |_(____..._' _.' | `-..______..-'"" (___..--' |
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To "taxed and spent," I had to pay estimated tax one year, and totally skipped
two of the four payments, making up the missing money in the other two I did pay. I never heard a word from any tax official. But maybe it is different for people who are required to make quarterly estimated tax payments every year. N. |
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![]() "Nancy2" > wrote in message ... > To "taxed and spent," I had to pay estimated tax one year, and totally > skipped > two of the four payments, making up the missing money in the other two I > did pay. > I never heard a word from any tax official. But maybe it is different for > people > who are required to make quarterly estimated tax payments every year. > > N. It would seem so. But the replies given earlier that it doesn't matter are erroneous. Being short on one of the timely payments can lead to a penalty. |
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![]() "taxed and spent" > wrote in message ... > > "Nancy2" > wrote in message > ... >> To "taxed and spent," I had to pay estimated tax one year, and totally >> skipped >> two of the four payments, making up the missing money in the other two I >> did pay. >> I never heard a word from any tax official. But maybe it is different >> for people >> who are required to make quarterly estimated tax payments every year. >> >> N. > > It would seem so. But the replies given earlier that it doesn't matter > are erroneous. Being short on one of the timely payments can lead to a > penalty. You should be sued for malpractice. > > --- This email has been checked for viruses by Avast antivirus software. https://www.avast.com/antivirus |
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On 7/21/2015 9:27 AM, Nancy2 wrote:
> To "taxed and spent," I had to pay estimated tax one year, and totally skipped > two of the four payments, making up the missing money in the other two I did pay. > I never heard a word from any tax official. But maybe it is different for people > who are required to make quarterly estimated tax payments every year. > > N. > The people at the IRS are actually very helpful. When my brothers took off with Mom's money and stuck me with the taxes the IRS did their very best to try to find a way to help. Jill |
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On 7/18/2015 7:20 PM, 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. > Small amounts for a couple of weeks may be overlooked. Legally, they can charge the going rate for interest for every day late. That happens when you miss completely. |
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On 7/19/2015 12:54 PM, Ed Pawlowski wrote:
> On 7/18/2015 7:20 PM, 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. >> > > Small amounts for a couple of weeks may be overlooked. Legally, they > can charge the going rate for interest for every day late. That happens > when you miss completely. What's happening at OOM? I never had problems before last week. The web site was fixed for a day or so and now it's broken again. At least the app is up and running, but it's easier to use the computer keyboard to make entries. |
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![]() "Ed Pawlowski" > wrote in message ... > On 7/18/2015 7:20 PM, 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. >> > > Small amounts for a couple of weeks may be overlooked. Legally, they can > charge the going rate for interest for every day late. That happens when > you miss completely. No it does not. The clock starts when you file. --- This email has been checked for viruses by Avast antivirus software. https://www.avast.com/antivirus |
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On 7/19/2015 4:06 PM, Paul M. Cook wrote:
> "Ed Pawlowski" > wrote in message > ... >> On 7/18/2015 7:20 PM, 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. >>> >> >> Small amounts for a couple of weeks may be overlooked. Legally, they can >> charge the going rate for interest for every day late. That happens when >> you miss completely. > > No it does not. The clock starts when you file. > Right, but they usually don't do it unless you don't file. |
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![]() "Ed Pawlowski" > wrote in message ... > On 7/19/2015 4:06 PM, Paul M. Cook wrote: >> "Ed Pawlowski" > wrote in message >> ... >>> On 7/18/2015 7:20 PM, 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. >>>> >>> >>> Small amounts for a couple of weeks may be overlooked. Legally, they >>> can >>> charge the going rate for interest for every day late. That happens >>> when >>> you miss completely. >> >> No it does not. The clock starts when you file. >> > > > Right, but they usually don't do it unless you don't file. > Where do you get your information? If you file and don't pay, you will get a penalty and interest. If you fall behind in your quarterly estimated payments, you will get penalized. Two weeks may not sound like much to the tax experts on a cooking group, but it is easy pickings for the IRS computers. |
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On 7/19/2015 6:54 PM, taxed and spent wrote:
> "Ed Pawlowski" > wrote in message > ... >> On 7/19/2015 4:06 PM, Paul M. Cook wrote: >>> "Ed Pawlowski" > wrote in message >>> ... >>>> On 7/18/2015 7:20 PM, 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. >>>>> >>>> >>>> Small amounts for a couple of weeks may be overlooked. Legally, they >>>> can >>>> charge the going rate for interest for every day late. That happens >>>> when >>>> you miss completely. >>> >>> No it does not. The clock starts when you file. >>> >> >> >> Right, but they usually don't do it unless you don't file. >> > > Where do you get your information? If you file and don't pay, you will get > a penalty and interest. Tax accountant. Personal experience some years ago. > > If you fall behind in your quarterly estimated payments, you will get > penalized. > > Two weeks may not sound like much to the tax experts on a cooking group, but > it is easy pickings for the IRS computers. I know people that have not been penalized. Not sure of the amounts involved, but not in the tens of thousands of dollars. |
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![]() "taxed and spent" > wrote in message ... > > "Ed Pawlowski" > wrote in message > ... >> On 7/19/2015 4:06 PM, Paul M. Cook wrote: >>> "Ed Pawlowski" > wrote in message >>> ... >>>> On 7/18/2015 7:20 PM, 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. >>>>> >>>> >>>> Small amounts for a couple of weeks may be overlooked. Legally, they >>>> can >>>> charge the going rate for interest for every day late. That happens >>>> when >>>> you miss completely. >>> >>> No it does not. The clock starts when you file. >>> >> >> >> Right, but they usually don't do it unless you don't file. >> > > Where do you get your information? If you file and don't pay, you will > get a penalty and interest. > > If you fall behind in your quarterly estimated payments, you will get > penalized. > The IRS does not go year to year. They only care about *this* filing year. So long as you paid up you'r egood to go. What could happen is that if your payments are very large then you might get a letter telling you to tighten it up. > Two weeks may not sound like much to the tax experts on a cooking group, > but it is easy pickings for the IRS computers. Absolutely nothing to be concerned with. --- This email has been checked for viruses by Avast antivirus software. https://www.avast.com/antivirus |
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On Saturday, July 18, 2015 at 4:20:04 PM UTC-7, 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. Do you have a good reason for being late? |
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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 |
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![]() "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. --- This email has been checked for viruses by Avast antivirus software. https://www.avast.com/antivirus |
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![]() "Paul M. Cook" > wrote in message ... > > "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. If you don't pay the correct amount at each quarter, so you fall behind in what your estimated payments should be, the IRS surely cares. And this is something that takes no human intervention - the computers ding you. |
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![]() "taxed and spent" > wrote in message ... > > "Paul M. Cook" > wrote in message > ... >> >> "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. > > If you don't pay the correct amount at each quarter, so you fall behind in > what your estimated payments should be, the IRS surely cares. And this is > something that takes no human intervention - the computers ding you. If it ever happens I will let you know. 25 years is coming up in October. --- This email has been checked for viruses by Avast antivirus software. https://www.avast.com/antivirus |
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On Sun, 19 Jul 2015 21:14:05 -0700, "Paul M. Cook" >
wrote: > >"taxed and spent" > wrote in message ... >> >> "Paul M. Cook" > wrote in message >> ... >>> >>> "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. >> >> If you don't pay the correct amount at each quarter, so you fall behind in >> what your estimated payments should be, the IRS surely cares. And this is >> something that takes no human intervention - the computers ding you. > >If it ever happens I will let you know. 25 years is coming up in October. snip There is the question on your return as to the dates that you paid your quarterly tax. Perhaps it is a matter of correct reporting. Janet US |
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![]() "Paul M. Cook" > wrote in message ... > > "taxed and spent" > wrote in message > ... >> >> "Paul M. Cook" > wrote in message >> ... >>> >>> "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. >> >> If you don't pay the correct amount at each quarter, so you fall behind >> in what your estimated payments should be, the IRS surely cares. And >> this is something that takes no human intervention - the computers ding >> you. > > If it ever happens I will let you know. 25 years is coming up in October. You have been filing to pay the correct amount each quarter for 25 years? What is wrong with you?! |
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On Sunday, July 19, 2015 at 6:56:14 PM UTC-4, taxed and spent wrote:
> "Paul M. Cook" > wrote in message > ... > > > > "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. > > If you don't pay the correct amount at each quarter, so you fall behind in > what your estimated payments should be, the IRS surely cares. And this is > something that takes no human intervention - the computers ding you. |
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On Saturday, July 18, 2015 at 6:20:04 PM UTC-5, 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. We pay estimated tax , but so far have not been late, I have no idea, sorry. |
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On 7/20/2015 2:39 AM, rosie wrote:
> On Saturday, July 18, 2015 at 6:20:04 PM UTC-5, 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. > > We pay estimated tax , but so far have not been late, I have no idea, sorry. I can think of no contemporary American family more twisted and evil than the Bush dynasty. The Bush family’s rapacious greed and depravity can trace its lineage to New England’s Pierce family. Both George Herbert Walker Bush and his wife Barbara Pierce (of Merrill, Lynch, Pierce, Fenner and Smith), as was President Franklin Pierce, are descended from this same family. Originally the powerful Percy family, they changed their name to Pierce and quickly emigrated to America when Thomas Percy’s involvement in the Gun Powder Plot to assassinate King James I was revealed.[*] Bush’s membership in the shadowy Yale secret society of Skull and Bones (S&B) has likewise not been widely reported. S&B is made up of members recruited exclusively from the ranks of the wealthy Eastern Establishment.[*] As Hoover Institute professor Antony Sutton writes in America’s Secret Establishment: An Introduction to the Order of Skull and Bones: “Those on the inside know it as The Order. Others have known it for more than 150 years as Chapter 322 of a German secret society. More formally for legal purposes, The Order was incorporated as The Russell Trust in 1856. It was also known as the Brotherhood of Death....”[1] Many historians claim that S&B sprung up as a direct extension of America’s oldest Greek-letter college secret society, Phi Beta Kappa. As Sutton writes: “The Order is not just another campus Greek letter fraternal society with passwords and handgrips, common to most campuses.... Chapter 322 is a secret society whose members are sworn to silence. It only exists on the Yale campus. It has rules. It has ceremonial rites. It is not at all happy with prying probing citizens.... Above all the Order is powerful, unbelievably powerful....”[2] S&B members occupy key positions in commerce, media, diplomacy, education, espionage, finance, law and politics—having a profound impact on world events. As Sutton adds: “Among academic associations, the American Historical Association, the American Economic Association, the American Chemical Society and the American Psychological Association were all started by members of the Order or persons close to the Order.... These are key associations for the conditioning of society.... The phenomenon of The Order as the first on the scene is found especially among foundations.”[3] |
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On 7/19/2015 1:32 PM, Dr. Edward Morbius wrote:
> I can think of no contemporary American family more twisted and evil > than the Bush dynasty. Go lease a Chevy then, greaseball. http://rarehistoricalphotos.com/henr...fficials-1938/ At a ceremony in Dearborn, Michigan, Henry Ford is presented with the Grand Cross of the Supreme Order of the German Eagle on his 75th birthday. Henry Ford is the first American recipient of this, an honor created a year earlier by Adolf Hitler. This is the highest honor Nazi Germany could give to any foreigner and represents Adolf Hitler’s personal admiration and indebtedness to Henry Ford. The presentation is made by Karl Kapp, German consul in Cleveland, and Fritz Heller, German consular representative in Detroit. Ford is the only American mentioned in Hitler’s book “Mein Kampf”. |
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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. Wondering if you paid, but you paid late? I doubt they'll ding you for two weeks. http://finance.zacks.com/penalty-pay...late-3376.html -- sf |
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![]() "sf" > 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. > > Wondering if you paid, but you paid late? I doubt they'll ding you > for two weeks. > http://finance.zacks.com/penalty-pay...late-3376.html The IRS computer system is not so advanced. It is still roughly 8 million lines of COBOL written originally in the mid 70s. They only care what you paid for the whole year. Now if you are a corporation, that is a whole different ball of worms. --- This email has been checked for viruses by Avast antivirus software. https://www.avast.com/antivirus |
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On Sun, 19 Jul 2015 13:05:33 -0700, "Paul M. Cook" >
wrote: > > "sf" > 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. > > > > Wondering if you paid, but you paid late? I doubt they'll ding you > > for two weeks. > > http://finance.zacks.com/penalty-pay...late-3376.html > > > The IRS computer system is not so advanced. It is still roughly 8 million > lines of COBOL written originally in the mid 70s. They only care what you > paid for the whole year. Now if you are a corporation, that is a whole > different ball of worms. > > Agree. Hubby told me you need to be paid up by the 15th of April. I suppose if you aren't, you can always file an extension. -- sf |
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![]() "sf" > wrote in message ... > On Sun, 19 Jul 2015 13:05:33 -0700, "Paul M. Cook" > > wrote: > >> >> "sf" > 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. >> > >> > Wondering if you paid, but you paid late? I doubt they'll ding you >> > for two weeks. >> > http://finance.zacks.com/penalty-pay...late-3376.html >> >> >> The IRS computer system is not so advanced. It is still roughly 8 >> million >> lines of COBOL written originally in the mid 70s. They only care what >> you >> paid for the whole year. Now if you are a corporation, that is a whole >> different ball of worms. >> >> > Agree. Hubby told me you need to be paid up by the 15th of April. I > suppose if you aren't, you can always file an extension. Yes, but to avoid a penalty you have to pay all of your estimated taxes by that date. Then you have unil October 15 to file. --- This email has been checked for viruses by Avast antivirus software. https://www.avast.com/antivirus |
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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. If you were audited and they went back and matched your earnings month by month to your payments they might ding you but short of that they have bigger fish to fry (ob cooking!). J. |
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![]() "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. |
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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. |
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On Tuesday, July 21, 2015 at 2:22:20 PM UTC-4, 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. Your answer makes the most sense. I am SURE they don't want ppl floating along and then zinging in a big payt on Jan 15th, anymore than a landlord will let someone live there for a year, and pay no rent until they fork over 12 months worth. Right? I pay a bit MORE than I am likely to owe come april 15th and usually get a smallish refund. |
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![]() "Kalmia" > wrote in message ... > On Tuesday, July 21, 2015 at 2:22:20 PM UTC-4, 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. > > Your answer makes the most sense. I am SURE they don't want ppl floating > along and then zinging in a big payt on Jan 15th, anymore than a landlord > will let someone live there for a year, and pay no rent until they fork > over 12 months worth. Right? Wrong. What is the big deal here? You asked what would happen and several people with decades of experience said the exact same thing. What will happen is exactly nothing at all. > I pay a bit MORE than I am likely to owe come April 15th and usually get > a smallish refund. Keep that number small because the IRS does not pay interest. --- This email has been checked for viruses by Avast antivirus software. https://www.avast.com/antivirus |
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