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To: Thean who wrote (4653)	12/8/1997 10:52:00 PM
From: boner	Respond to of 95453

You should file 1040es if you expect to owe tax of $500 or more for the year from your investments or unreported income. Lots of exceptions however.

To: Thean who wrote (4653)	12/8/1997 11:14:00 PM
From: JHR	Respond to of 95453

Thean, you'll have to decide whether you need to file the estimated or not. There are three ways to avoid the estimated route i believe: 1) You will have paid in (by whatever method-- withholding, or estimated) as much as you owed last year. 2) You have paid in 90% of what you owe this year 3) you dont owe more than $500 come Jan 1. All the advice I've ever gotten on investments and taxes say not to make investment decisions based on taxes, but its hard to abide. Actually the $500 only comes into play if you dont satisfy 1) or 2). I had to pay $9k last year but didn't pay a penalty because I had withheld more than I owed the year before. Eventually its going to be easier to file the estimated than juggle withholding, but I hate to mess with one more set of forms for those people.

To: Thean who wrote (4653)	12/9/1997 1:05:00 AM
From: Broken_Clock	Read Replies (5) \| Respond to of 95453

Thean(or anyone)...do you use Elliot Wave at all? I understand the general theory but not much else. The 120 day MDCO chart shows 5 pretty distinct waves heading down from Oct. 11(?) high. The current uptrend is wave 1 of new pattern of waves. The next down leg should be telling. I am going to take a look at the OSX patterns. They are probably similar. Yhe momentum is staying down on these stocks...What does that mean? The candlesticks look pretty good but I want to verify with as many TA indicators as possible. I see support/resistance back in Aug/Sept for lots of these stocks...I'd really like to see these puppies drive up a couple of $ by the end of the week. It would be very convincing of continues rally for me...

To: Thean who wrote (4653)	12/9/1997 2:40:00 PM
From: Nancy	Respond to of 95453

Thean, Call the IRS and get booklet on 1040ES to read thru the requirement of paying estimate tax - if you are short on your quarterly tax payments because you haven't paid est tax on your capital gains, you are in trouble - you could get hit with a penalty and interest payment on late payment. Capital gain is not counted separately, it is part of your income and you pay tax based on your TOTAL income each Quarter. Too complicated to explain on line - you do need to get the estimate tax payment requirements to read thru, especially if your capital gains come in irregularly, you MUST file a form 2210 to show your quarterly income is NOT equal so your quarterly tax payment is not equal - without filing form 2210, IRS will consider your annual income divided into 4 equal parts and you may wind up owe penalty/interest.