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Wednesday
Feb 08th
Home arrow Tax Tips arrow Investment Taxes arrow Withholding question
Withholding question E-mail
Let's say last year my federal tax was $10000 and I got a refund.
This year, say I withheld $12000 but due to capital gains and other
dividend/interest I owe $1500. in taxes.
Will I get hit with interest and penalties and will I be REQUIRED to do
estimated tax payments? (Am I in liable for underwithholding?)I anticipate
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  • Newsflash
    AP - More than 3 million people will have to wait until February to get their tax refunds because of Congress' late fix to the alternative minimum tax, the IRS said Thursday.
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