Are there penalties for self-employed people, landlords, and/or investors who do not pay estimated/quarterly taxes as opposed to paying them once a year?

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Anonymous

ANSWERS: 3

loveschimps

I dont think so but I am no tax accountant.

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pitt fans

If you mess up and do not pay close to what you should each quarter and have to write a much larger check to catch up you can get introuble.

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dr james

self employed yes landlords and investors no. but most of the time, they wont bother the smmaller self employeed...doesnt mean they cant

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