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How do I report prepaid taxes?
Hello, when I do my tax return, how do I include prepaid taxes through the year?
I tried to pay taxes on my interest from HYSA as well as capital gains. I believe this had to be done every quarter to avoid penalties (every 3 months), is that true? I paid a percentage of my interest and gains each time online on the IRS (roughly 25%). If there is a better way to do that in the future too, that would be awesome.
March 5, 2025
10:30 AM