IRS EST TAX
Dear Terry, I made the mistake of forgetting to pay my estimated tax for April and June. I just realized this last week that I had forgotten to pay. I do this online. The real reason I forgot is that my tax guy always sent a reminder, I know I should mark down, however, he decided to close his business after taxes were done so my fault totally forgot it had the printouts to submit by mail although I have been submitting by Internet.
Yesterday I paid the $16,000 which I would owe for April and June. Do I now call the IRS and ask them what is the penalty? One person tells me call another person says well you paid up now what more can happen, I am asking you thank——
you very much Terry, You’ve always been very helpful and I really appreciate it.
Terry Says
Stop worrying. You could actually pay it all in during the January 15th payment period. The reason for doing it automatically and early is that it is really less painful.
You paid in. No problem will arise. Just set yourself a reminder to do it regularly.
