I had some unavoidable capital gains this year, and I'm likely to have the same for the next few years. This year's caught me a bit by surprise and I knew I'd be owing additional taxes, so I'd planned on adjusting my withholding to avoid future penalties. But, after cranking it through TurboTax, it tells me to make quarterly payments, the sum of which pretty much match what I'd planned on having withheld. Does the IRS care if it gets the money via withholding or quarterly payments, so long as it gets it? I really don't mind sitting down four times a year and writing a check, if I know I'm really going to owe the money come April.
-- Bert Hyman | St. Paul, MN | snipped-for-privacy@iphouse.com