Quote:
Originally Posted by TripletDaddy
You do realize that an extension is only an extension to file, not to pay? If you owe for 2005 and 2006, you will have to pay penalties.
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I already paid those penalties and my 2005 and 2006 taxes. I send in an estimated tax payment when I file my extension, I was just joking with Drum, like you said earlier the penalties are pretty minimal.
I try to send in estimated tax payments quarterly.