Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 35.10

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3:59 PM EST

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To: Robert Douglas who wrote (94989)	1/4/2000 5:03:00 PM
From: Jim McMannis	Read Replies (1) of 186894

Robert, "I'm no tax accountant, but I believe that as long as you pay one-fourth plus 5% of last year's tax bill that you meet all the IRS requirements for estimated taxes. Also, I believe that the first payment for 2000 is due 4/15/2000. Any tax accountants out there? [EDIT] That's one-fourth plus 5% each quarter."... Well, I should have know someone would call that. The payment date is indeed 4/15/2000. You are correct and I should have known better. I think... You can make estimated payments 1/4 of 105% (1999 safe harbor tax change) of the previous years tax per Q and avoid the penalty. This does not necessarily mean you don't pay on capital gains taken this year inside those payments.

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