InvestorsHub Logo
Followers 21
Posts 1974
Boards Moderated 0
Alias Born 11/14/2018

Re: DRHUMI post# 176068

Wednesday, 05/10/2023 8:43:53 PM

Wednesday, May 10, 2023 8:43:53 PM

Post# of 198947
Sorry was away , yes you can setup a tax form and go in and change numbers ect as many times as you want. You are not sending it in , it is a working form. What is nice is the program uses the known tax codes ect. I complete it run the scan and it checks for errors ect.. You basically are doing every step except sending it in .

Now as far as sending in the extra amounts , that will depend on your state and when your sales took place same with feds. Meaning if you sold in say March and you knew you would be owing they want Quartley payments or they will put a penantly of say 10%. If you know you will owe on a sale of stock it is better to send something in quartley to a void the penalty they put on you . Hope this helps
Bullish
Bullish