hi,
A hypothetical situation, but it may happen to me in the future..
if I don't have any incomes in the 1st, 2nd and 4th quarter, but had a large capital gain(exceeding 250k/500k) from selling a house in the 3rd quarter, how should I pay the estimated taxes ?
This is a scenario that paying estimated taxes in the Q1 and Q2 has never been crossed my mind because the idea of selling a house suddenly came up in the Q3. So, no estimated taxes were paid in the Q1 and Q2.
Should I pay the whole estimated tax in the Q3, or split it into 2 installments, each of which is paid in the Q3 and Q4, respectively ?
