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Old 11-20-2005, 11:41 AM
CORed CORed is offline
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Join Date: Sep 2002
Posts: 273
Default Re: Question regarding Quarterly estimated taxes (yes, I do pay them)

You don't owe penalty unless your tax your total estimated payments + withholding (if you have a "day job") for this year is less than your tax liability for last year. You will, of course have to make up the differenct when you file your tax return.
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