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

To: OSHANL who wrote (2111)4/2/1999 6:36:00 PM
From: Nelson Chang  Read Replies (1) | Respond to of 5810
 
Anyone here pay estimated taxes, or better yet is supposed to but doesn't?

I am required to, but like other traders would like to hold on to my capital and let it work for me in the market rather than handing it over to the IRS.

I know there is a penalty, etc.

Does anyone have info on this? Or know where I can find more info on NOT paying estimated taxes until the end of the year and accepting the penalty.

Thanks in advance.



To: OSHANL who wrote (2111)4/2/1999 7:26:00 PM
From: Colin Cody  Read Replies (2) | Respond to of 5810
 
Some interest is deductible, other interest is limited and other interest is not deductible at all.


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