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Old 11-10-2007, 11:43 PM
Ray Zee Ray Zee is offline
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Join Date: Aug 2002
Location: montana usa
Posts: 4,803
Default Re: do you have to make estimated payments on capital gains?

if self employed you are required to pay quarterly est. tax payments. to not have penalties you need to pay in what you paid in taxes for the previous year or the amount of your current year tax. in general with some exceptions.
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