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Can I avoid estimated tax payments on the sale of a "second home"property, that was done on 4-16-2019,if my tax withholdings of 2018 equals my tax withholdings of 2019?
It was never used as a rental property. My daughter placed it in my name for collateral purposes, due to the large loan that I gave her.
She could not pay the loan back there fore I sold the property.
Please tell me if I can just pay the capital gains tax by 4-15-19 due to my income tax with holdings being the same as last years?
Thanks so much community.
She could not pay the loan back there fore I sold the property.
Please tell me if I can just pay the capital gains tax by 4-15-19 due to my income tax with holdings being the same as last years?
Thanks so much community.
‎June 24, 2019
4:06 PM