Yet Another Tax Question...

Nytmare897

Seasoned Expediter
This is an easy one. I know when doing taxes you can choose to do the ever quarter. Having said that, do you HAVE to do them ever quarter?
 

Treadmill

Veteran Expediter
Owner/Operator
This is an easy one. I know when doing taxes you can choose to do the ever quarter. Having said that, do you HAVE to do them ever quarter?
If your talking about filing every quarter the answer is no. Once a year is all that is required.

If you are talking about paying estimated taxes for the current year no you do not have to but is encouraged because of penalties and interest. If you can pay quarterly it makes it a whole lot easier at the end of the year.
 
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