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Estimated taxes .. Can you pay once for the year in the 1st quarter?
Sorry .. I can't seem to find a definite yes or no answer for this.
Instead of paying every quarter, can you overpay your estimated taxes for Quarter 1 to cover the whole year and not send anything for quarters 2,3,4? Or will you still get a penalty for not paying anything or filing anything for those quarters remaining?
Thank you
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‎February 27, 2024
11:56 AM