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Technology Stocks : Intel Corporation (INTC)
INTC 34.60-0.3%2:08 PM EST

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To: Amy J who wrote (95015)1/4/2000 11:54:00 PM
From: deibutfeif  Read Replies (1) of 186894
 
OT to AmyJ and others on IRS estimated payments

I thought that quarterly payments were simply based on whatever "extraordinary" gains were made during the quarter - that is, for gains which do not already have automatic withholding (like salary). Thus, if one has 100K of shortterm capital gains realized in Q3, one would make a Q3 estimated tax payment of between 28K and 39K (depending on "expected" year-end bracket).

BTW, note that tax quarters are not all 3 months long

dbf
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