I also got a notice that said I have to do the quarterly payment thing, and yeah, the first payment was due back in April, just as I was paying my taxes for 2004! It seems one of my schools didn't bother to withhold, so the IRS is now requiring that I pay everything for this year upfront . . . even though I'm not working for that school, and having all the other schools withhold as normal. What this means is that I'll get a refund . . . but of course no interest, etc. Arghhhh.
Yeah, pay the 2 quarters, because if they're late, it's okay . . . if you're late, they take you to court.
If you decide to go the turbo tax route this coming year, I'll be happy to come over and help you through it.
no subject
I also got a notice that said I have to do the quarterly payment thing, and yeah, the first payment was due back in April, just as I was paying my taxes for 2004! It seems one of my schools didn't bother to withhold, so the IRS is now requiring that I pay everything for this year upfront . . . even though I'm not working for that school, and having all the other schools withhold as normal. What this means is that I'll get a refund . . . but of course no interest, etc. Arghhhh.
Yeah, pay the 2 quarters, because if they're late, it's okay . . . if you're late, they take you to court.
If you decide to go the turbo tax route this coming year, I'll be happy to come over and help you through it.