In 2005, I made little, and paid little taxes. I didn't "expect to pay $1000 or more" on my 2006 tax return. This year I've made much more, but is it too late to begin quarterly payments? If I pay some taxes now, will they penalize me for not paying earlier? Don't I need to just pay at least as much as last year to avoid penalties? And can I do this with withholdings from checks I expect to receive? What about the self-employment taxes? Clearly I "expect to pay" more than $1,000...
2006-07-13
12:39:06
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7 answers
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asked by
chrystalgypsey
2
in
United States