Name:   GoneFishin - Subject:   Martini Date:   10/21/2020 11:35:49 AM (updated 10/21/2020 12:14:49 PM)

"He paid those taxes in the year they were due and the amounts were credited to future years since he had other legitimate deductions."

The only question is what was his actual tax for 2016 and 2017. The answer is $750 per year. We agree the excess estimated was applied to 2018 rather than request a refund. I am surprised he did not request a refund to invest the money and pay new estimates for 2018.

I don't make any payments towards my tax bill during the year. I pay 110% of my previous years taxes in December covering the entire year. It is legal and allowed...you just have to be smart on taxes. FYI, I do my own taxes.