Days Left
Retirement and Finance Blog
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The pain of paying estimated quarterly taxes.
(1)Well it’s that time again tomorrow. If you file estimated quarterly taxes, better have your check book ready. This year the payments are really hurting to send in. The reason is your estimates are based on your previous years earnings. Well this year my earnings are down quite a bit. Sending in these payments is taking a much larger chunk of income than it did last year. I know I’ll get back the difference when I file my final yearly return, but still…
I guess I wouldn’t mind taxes as much if I thought the system was more fair, but it is sorely unfair right now. There is so much government waste and fraud that I feel my money is being flushed away. I see pictures on the news of hundreds of unused FEMA trailers sitting and rotting away in a parking lot down south. I think, one of those should be MY trailer, I bought it!
Anyway…that is my tax rant for the day.
estimated, taxes
