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Get your taxes done using TurboTax
Thank you for that response. I am expecting to have overpaid this year and to get a refund so my major concern is will I have any issues by only paying estimated taxes on two occasions instead of all four after reading that you are required to pay each time. I'm thinking not if I am getting a refund based on last year.
Last year I only paid estimated taxed three of the four quarters. I still owed at the end of the year about and had a penalty of like $50. I never saw anything about not paying one of the quarters or any mention that I failed to do so. Just filled out my taxes like normal and I owed with the small penalty.
More concerned with how to handle this for next year and whether I need to change how I do things. I have been paying estimated taxes on Options since 2017 and while until last year I always paid every quarter, the amounts were never close to being the same and if that is ok going forward.