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estimated tax deadline

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  • estimated tax deadline

    Hi, can you guys tell me what happens if we miss an estimated tax of 10000.
    Can we pay it when we do our final tax returns?
    if not what would be the penality for that.

    Thanks in advance for your help.

  • #2
    There are different situations regarding estimated taxes and penalties.

    See IRS Pub 505
    "What would a reasonable person do?"

    aryels
    A.S. Paralegal
    Criminal Justice Student--B.S.

    "Give this guy 15 cents and tell him to go to hell."

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