Only worked for 3 months this year and wont be working the rest of the year. My estimated 2019 tax will be way below $1000. Do I need to pay the quarterly tax by April 15th, or can I wait until the end of the year? Will I be penalized if I wait, given estimated tax is < $1000?
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You do not have to pay estimated taxes on that income.
You do not have to pay estimated taxes on that income.
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