Capt Bill
New Member

estimated tax penalty

I had no tax liability in 2018. Due to a stock sale in the 4th quarter 2019 I owe $14,000 taxes for 2019. 

1) Can I avoid penalty if I file my return by January 31, 2020?

or, less desirable

2) Can I avoid penalty if I pay 100% of the tax with my 4th quarter estimate on January 15, 2020?