this post was submitted on 27 Nov 2023
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[โ€“] HeyJoe 5 points 11 months ago (1 children)

https://www.irs.gov/payments/underpayment-of-estimated-tax-by-individuals-penalty

I was looking into this a few years ago and also wondered what if I tried to just pay my taxes at the end of the year. I get why it exists but you gotta love the double standard... wish I could could get interest and penalty pay on any money they owe me over 1k.

[โ€“] Dippy 3 points 11 months ago

Same especially now with high yield accounts at 5%