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To: Brian Malloy who wrote (3270)12/29/1998 12:45:00 PM
From: SJS   of 19700
 
Believe me, you don't get to wait. You would owe quarterly taxes on a cap gain of any magnitude or risk a penalty and interest which would accrue from the quarter you didn't pay, but the gov thought you should (Q1, 1999).

As I previously mentioned, you would need to pay this quarterly tax in April, 1999, right around the same time you would pay it if you took it on 1998's return...

Call your tax advisor. Don't make a mistake about this.
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