In a message dated 8/10/2003 5:30:31 PM Pacific Standard Time,
vpFREE@yahoogroups.com writes:
Date: Sun, 10 Aug 2003 06:48:56 -0700 (PDT)
From: Jonathan Ashton <diversified_slave@yahoo.com>
Subject: Re: Re: W2-G'sOK, now the tough question. Do you need to pay
estimated quarterly taxes to the IRS for W2-G
winnings.
What's so tough about it? If you've won it, you should pay it to keep the IRS
off your back.
I'd love to be in that position every qtr of having to figure out how much to
pay. Of course, some yrs you're going to have high-win qtrs followed by
high-loss qtrs & regret paying out such a high qtrly the previous qtr. But think of
it as putting it in the bank as you'll get it back when you file at the end
of the yr.
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