If you can show 90 percent of the income came in the fourth quarter, your penalty will be diminished, goes away or will only be for the fourth quarter. |
If you haven't tracked it, it's easier to take the 10 cents a mile. |
The third alternative is to take a chance -- estimate what your income will be, and pay that. |
There are two things you don't want to get -- a letter from the IRS and a letter from the draft board. They're not calling up to say hello, |
There may be a reason to have a gym installed in your home, |
There may be a reason to have a gym installed in your home. It covers capital improvements as prescribed by a doctor that don't increase the value of your home. |
Were the sales in January created by a tax motive? Probably, |
You always have to run the numbers to see which would be appropriate. |
You do have the opportunity to catch up, so you can try to truncate the penalty, |
You do have the opportunity to catch up, so you can try to truncate the penalty. |
You may have $100 in the bank and be expecting a 1099 for $1, but it says $1,000 because some computer had a bad day. |