First of all, forgive me for my absence from the thread; one of my 10 year old daughter’s classmates was struck by a car while crossing the street, and died. A huge tragedy, and I haven’t been doing much online because of that.
Next, thank you so much for your in depth reply!
I have some questions about your responses I hope you can clarify, though.
1.
“The first year you don’t need to pay estimates as long as you pay in (by withholding,) as much as your tax was last year”
The gentleman was exempt from taxes, as he is a disabled vet. He worked minimally last year (earned around $5000,) and got a tax credit at the end of the year. So how would your statement above apply then, as he didn’t owe anything last year?
2. In the case of my wife (her story at the beginning of the thread,) she has NOT been working as a missionary for a whole year; she started receiving donations in January of this year. Therefore, should SHE begin paying quarterly payment on the September date?
You would be surprised at how little information there is online regarding how to file taxes as a missionary!
Thank you sincerely,
Matt
