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To: jmanvegas who wrote (3028)12/15/1999 8:50:00 PM
From: Lynn  Respond to of 24042
 
Dear jmanvegas: My reply was for someone who plays by the rules. Maybe some people do not mind paying a penalty (so they have the extra time to use their money) but I, for one, play strictly by the rules with the IRA. No creativity at all.

Regards,

Lynn



To: jmanvegas who wrote (3028)12/15/1999 8:52:00 PM
From: Boplicity  Respond to of 24042
 
hmmm. I thought of doing that I decided I would be driven mad, playing games like that.

Greg



To: jmanvegas who wrote (3028)12/15/1999 9:19:00 PM
From: Peter Sherman  Read Replies (2) | Respond to of 24042
 
correct - estimates must reach 90% -- you only pay capital gains by april fifteenth of the year after you take them



To: jmanvegas who wrote (3028)12/16/1999 1:13:00 AM
From: Guy Gordon  Read Replies (1) | Respond to of 24042
 
Jman: If you do get slapped with an IRS penalty for not making quarterly payments, they can also force your broker (or banker) to withhold from all sales & interest. This is a killer.


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