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- cross-posted to:
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A society is always about 3 days of hunger away from a violent revolution. Start your clocks.
A society is always about 3 days of hunger away from a violent revolution. Start your clocks.
i used to do that, claim exempt and just pay at the end of the year. if what you end up paying is over a certain amount, they will get you for penalties and interest.
$1,000 is that number, or at least it was a few years ago. The IRS requires quarterly estimated payments. Although from what I could tell (not a tax expert), it would’ve been fine for me to just pay the whole sum on Dec 31.