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


To: BWAC who wrote (3583)1/23/2001 7:08:34 PM
From: RoseCampion  Respond to of 5810
 
No. You need to get Form 2210. And read Publication 505, Annualized Income.

To expand: TurboTax should have (and probably did) ask you a question about whether you wanted to fill this form out, and you probably sensibly answered "no" <g> - it being a bear of a form (even _with_ the help of tax software). But it's absolutely necessary to show exactly what you stated: that the major portion of the "income" for the year took place in the final quarter, so it wouldn't have made sense to have paid est. taxes in four identical lumps. Get through the form, and you'll certainly still get the refund.

-Rose-