I was looking into this a few years ago and also wondered what if I tried to just pay my taxes at the end of the year. I get why it exists but you gotta love the double standard… wish I could could get interest and penalty pay on any money they owe me over 1k.
https://www.irs.gov/payments/underpayment-of-estimated-tax-by-individuals-penalty
I was looking into this a few years ago and also wondered what if I tried to just pay my taxes at the end of the year. I get why it exists but you gotta love the double standard… wish I could could get interest and penalty pay on any money they owe me over 1k.
Same especially now with high yield accounts at 5%