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JJM760

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JJM760

Re: thesaud post# 21427

Wednesday, 08/29/2012 9:04:59 AM

Wednesday, August 29, 2012 9:04:59 AM

Post# of 80490
I have slipped a few past the goalie myself but true letter of the law is the IRS expects an estimated tax payment at the end of the quarter if it would cause an expected tax shortfall at the end of the year. I would imagine that is magnified if the gain is a whopper as what would be the case with some of the posters here. I have heard of cases where they sought penalties and interest for non payment in the quarter.
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