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You're going to have to pay a penalty because you did not pay your estimated taxes and probably owe a lot.
by Hexx 15y ago
You're going to have to pay a penalty because you did not pay your estimated taxes and probably owe a lot.
- mjs00 15y agoTalk to a CPA asap -- they can minimize it by looking at your total picture, what 'net' income is after expenses, etc, ... and penalty is from when due each quarter until the point you pay, so it is worthwhile to do NOW rather than waiting until April 15.