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Posted by Seth on March 24, 2008, 12:21 pm
Please log in for more thread options >Seth wrote:
>>>> But it's quite possible that the OP has a safe harbor (e.g. withheld
>>>> during 2007 exceeds taxes owed for 2006 + 10%), and still owes a lot
>>>> for 2007. Then he underpaid with the first 1040V.
>>> Anything is possible. If that is the case, then he could use a 1040ES
>>> without fail,
>>
>> If he sends a 1040ES for 2007 at this late date, wouldn't that cause
>> problems (with the IRS considering it to be for 2008)?
>>
>Not if he uses the only 1040ES available at the moment which is clearly
>proclaimed upper right as being "2 0 0 7".
There's maybe a 99% chance that the IRS will get it right. Given the
difference in cost between using that and using the 1040V, why risk
it?
Seth
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