Should I prepay tax on unexpected 1099-misc received today, January 16, 2018, or just wait to pay when I file?
It is too late to pay estimated tax for 2017 as the last installment was due today (January 16. 2018) and any amount received by the IRS after today is deemed paid on April 17, 2018. You can pay any tax due by April 17, 2018 with your tax return.
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Should I prepay tax on unexpected 1099-misc received today, January 16, 2018, or just wait to pay when I file?
It is too late to pay estimated tax for 2017 as the last installment was due today (January 16. 2018) and any amount received by the IRS after today is deemed paid on April 17, 2018. You can pay any tax due by April 17, 2018 with your tax return.
**Say "Thanks" by clicking the thumb icon in a post **Mark the post that answers your question by clicking on "Mark as Best Answer"
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