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Estimated Tax payment (1 time land sale)
Any help would be appreciated. I have called the IRS for what I thought should be a simple process but it’s left me more confused.
I will soon be selling a piece of land that I’ve owned for several years. A capital gain will be realized and I’ve calculated approximately $8-9 k will be owed.
I want to make a 1 time payment so I’m ahead of the game come next years taxes.
I thought I could simply print off an Estimated Tax voucher, send in a check and I’ll be good.
I don’t and have never paid Estimated Taxes and I’d appreciate if there’s a really simple solution to me wanting to make this one time payment.
July 30, 2021
3:44 PM