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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?

To: Nutty Buddy who wrote (3582)1/23/2001 4:09:19 PM
From: BWAC  Read Replies (1) | Respond to of 5810
 
No. You need to get Form 2210. And read Publication 505, Annualized Income.



To: Nutty Buddy who wrote (3582)1/23/2001 9:34:13 PM
From: Dan Duchardt  Read Replies (1) | Respond to of 5810
 
Buddy,

Did you import last year's return into TT? In addition to annualized income noted in the other replies, if you had witheld or paid estimated payments at least equal to last years total liability, you should have no penalty. If you imported, TT should know this. If not, check it out.

Dan


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