I have significant gambling winnings this year. They did not hold out federal taxes when paying. I am not able to itemize. Should I pay a quarterly tax payment for this.
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1 Replies
John-H2021
Employee Tax Expert
Aug 31, 2022 12:46:11 PM
Hello
Yes I would advise making quarterly payments so you don't get hit with a large balance due and penalties at the end of the year.