If no tax was withheld on a large 1099-misc payment, can I avoid penalty by paying tax owed before April, or is a penalty due regardless?

posted

Connect with an expert

2 Replies

If no tax was withheld on a large 1099-misc payment, can I avoid penalty by paying tax owed before April, or is a penalty due regardless?

penality is due

If no tax was withheld on a large 1099-misc payment, can I avoid penalty by paying tax owed before April, or is a penalty due regardless?

Does this apply if the income was received late in the year?

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post