oldguy
Senior Member
Cash: $ 751.65
Posts: 3655
Joined: 21 May 2006
Location: arizona
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| Est Tax 1040E |
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When you owe over $1000 on April 15, you are subject to penalty - and you are expected to pay quarterly estimates the following year.
Question - is that number ever updated, indexed, etc? Or ha it been $1000 since the beginning of Time? I seem to recall that it was $1000 way back in the 1980's?
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