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To: COBOL2Java
Not so fast... You can set the deductions as you like, but you're supposed to pay quarterly once your tax bill exceeds a threshhold (either $500 or $1,000 if I recall correctly). If you don't, but still file and pay at year's end, you're likely to get away with it.

But that's only getting away with it. Maybe. I'm neither a lawyer nor accountant, so YMMV.

70 posted on 02/15/2017 10:57:13 AM PST by GCC Catholic (Trump doesn't suffer fools, but fools will suffer Trump. Make America Great Again!)
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To: GCC Catholic
Well it's been 30 years and we used a tax accountant, so I assume I'm in the clear. :-)

Then again, I'm a conservative, so that little troll running the IRS may have other thoughts...


77 posted on 02/15/2017 11:46:10 AM PST by COBOL2Java (1 Tim 2:1-3)
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