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re: Attn Capitalism Experts: Estimated Taxes Due Today

Posted on 9/17/18 at 3:21 pm to
Posted by ynlvr
Rocket City
Member since Feb 2009
4596 posts
Posted on 9/17/18 at 3:21 pm to
January 15
April 15
June 15
September 15

These are painful days for the self-employed or small business person. And it is sometimes a crap shoot as to how close you are on projections making it all the worse. It's always OK to send in too much but penalties if you guess too low. I hate the US Tax system.
Posted by SECdragonmaster
Order of the Dragons
Member since Dec 2013
16243 posts
Posted on 9/18/18 at 6:51 am to
I am up in this thread to support it.

I hate these estimates and the tyranny behind them. I save plenty of money within my business and the gubment should not have part of my savings to hold all year to make sure I pay them first.

They will never go away though.
Posted by Weagle25
THE Football State.
Member since Oct 2011
46215 posts
Posted on 9/18/18 at 7:03 am to
quote:

It's always OK to send in too much but penalties if you guess too low. I hate the US Tax system.

That's why there's a safe harbor.

You should see how fair Maryland is about estimates..
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