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Would paying quarterly taxes be preferential?

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  • daylate
    replied
    To be on the safe side, I'd try and keep the payments to whatever will satisfy your tax liability for 2011 not generate another large refund. The amounts you are talking about aren't huge so you may be ok.

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  • oregonpilot
    replied
    Originally posted by tcreegan View Post
    ...plus I would like to see the trustee try to pry it out of the IRS !!
    Good one Tom!!!

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  • NewPage
    replied
    Originally posted by tcreegan View Post
    ...plus I would like to see the trustee try to pry it out of the IRS !!
    No kidding, right?!

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  • tcreegan
    replied
    ...plus I would like to see the trustee try to pry it out of the IRS !!

    Leave a comment:


  • olivies
    replied
    I would say no. If you weren't self-employed you would still keep having taxes deducted from your paycheck. Or if you went to the dentist today and had to have a filling done, you could surely pay for that and it wouldn't be preferential. Same difference.

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  • NewPage
    started a topic Would paying quarterly taxes be preferential?

    Would paying quarterly taxes be preferential?

    Before we send any money to the IRS and state (probably 900 to feds and 400 to state) from our tax refunds, that wouldn't be preferential would it? It's for the first quarter payment for 2011. Not back taxes.

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