|
Posted by AlPastor on November 27, 2007, 5:00 pm
Please log in for more thread options
My mom pays estimated taxes. She makes the entire years payment with
the first payment. Over the last 6 weeks she has had to move into a
dementia care unit and we needed to raise funds. We cashed out an
annuity that had accumulated approx. $10k in tax deferred interest. I
do not believe the estimated taxes will be enough to cover this
unexpected gain and I would like to make an additional $2k payment to
the IRS to cover this deferred interest.
My question is how to do this? I have tried googling but can't seem to
find the information. Can I just create another 1040-ES form with
TurboTax and pay it using the 4th Quarter payment even though she has
already paid the estimated taxes for the year including all coupons
with the 1st payment? Is there another form I should use?
Thank you very much in advance for any help.
--Pat
| 
Yahoo! 
Google 
Windows Live 
del.icio.us 
digg 
Netscape 
XML Sitemap