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Originally Posted by ItBurnsWhenIpee
But I've always waited....is this a new law?
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No it's not new. it's been there for years. the policy is, if i remember it correctly, but look at irs.gov to make sure ....
if you suspect you're going to owe more than $1000 in taxes at the end of the year... that you send them some of that money through out the year as a good faith payment on your "debt". there is some sort of calculator you can use based on last years reported income. basically it's easier to send in regular withholding checks...than to figure out another one of their policies