@BCTax You may need to pay in estimated taxes to avoid a penalty for late payment of tax. Basically, you need to pay in on a quarterly basis 100% of the tax on last year's tax return or 90% of the tax on this year's tax return. If you don't pay in enough or in a timely fashion, you may get a penalty for late payment of tax.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
