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Submitted 347 days ago...

jfe4revs

jfe4revs

New User (1)

Forgot to mail federal estimated tax payments

I chose to pay estimated tax throughout the year in my 2006 federal income tax return by a series of four checks spaced about every three months. Unfortunately, I completely forgot to pay #2-#4 and was wondering - should I send the last three at once on the due date for #4, would I need to adjust the amounts due to their being overdue, or does it even matter since it will just change how my 2007 taxes are computed? Thanks!

 
 
 
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Submitted 347 days ago...

Ruchele

Ruchele

Brain (3,118)

I would send the forgotten ones now, set aside a little extra money, and wait until you do your taxes to see if you owe anything else, you will not owe a late fee as you are "prepaying" your taxes, and those payments are not technically late until there due date next year.

 

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Ruchele

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Brain (3,118)

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