Thank you very much, Mary.
For the prepayment, am I required to make the payment related to the realized gain over the underlying transaction before the coming quarterly due date (either federal or state)?
For example, I sold stock today with realized profit and I must make the estimated payment before Jun 16? If I sell more in August, then pay before Sept 15? I cannot make a large estimated payment at the year-end, right?
Thanks again!
