My bad; I read your post while waiting on a late appt at the office and thought you were just getting around to sending in the April payment :-) (y'see, I have a Really Bad Problem about getting tax stuff done - like I've filed taxes for the last two years at the end of the second extension bad)
IIRC, they generally won't come after you if you miss a quarterly payment or send it in late; you will likely end up paying penalties later (but only if you have paid less than 80% of your total liability for the year by Jan 15 the following year - 1/15/05 for tax year 2004; 1/15/2006 for TY 2005). And if y'all file jointly, _his_ withholding at work counts towards this (ie, Daniel and I have ended up not owing anything extra or filing quarterly for the last 5 years due to what's been withheld from his pay).
TurboTax is pretty straight-forward if you are self-employed, single, and have no mortgage stuff to worry about; after buying the business, I dump everything into Ron's (my accountant) and Jeri's (his assistant) laps; they make sure I keep up with what needs doing, and, more importantly, answer my questions for me AND _Ron_ talks to the IRS (not me! whee!)
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timeasmymeasure
no subject
Date: 2005-06-03 10:22 pm (UTC)IIRC, they generally won't come after you if you miss a quarterly payment or send it in late; you will likely end up paying penalties later (but only if you have paid less than 80% of your total liability for the year by Jan 15 the following year - 1/15/05 for tax year 2004; 1/15/2006 for TY 2005). And if y'all file jointly, _his_ withholding at work counts towards this (ie, Daniel and I have ended up not owing anything extra or filing quarterly for the last 5 years due to what's been withheld from his pay).
TurboTax is pretty straight-forward if you are self-employed, single, and have no mortgage stuff to worry about; after buying the business, I dump everything into Ron's (my accountant) and Jeri's (his assistant) laps; they make sure I keep up with what needs doing, and, more importantly, answer my questions for me AND _Ron_ talks to the IRS (not me! whee!)
_M_