Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.13

-0.5%

9:32 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DiB who wrote (89448)	12/7/2000 10:19:16 PM
From: Don Lloyd	Read Replies (1) of 152472

DiB - I thought that if one does not pay estimated taxes year after year, the penalties will get more severe... You may have misconstrued what I said. Estimated taxes are due at four precise dates within the year, with the first on April 15 and the last in January of the following year. Once tax filing day, April 15 of the following year, rolls around, the taxes are fully due and are not 'estimated' taxes any more, but real ones. So all taxes are fully paid each year, and are NOT accumulating through the years. They are just NOT paid at the estimated tax dates, so a penalty is also due in addition to the taxes. This penalty is essentially a 9% annual rate fee assessed on the overdue estimated taxes up until they are paid. Regards, Don

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next