Yes set aside some $$, unless you are married

Posted By: me on 2007-05-16
In Reply to: Thanks! Still confused lol - tan

and can have extra taken from DH check, which is what I do and then I don't have to worry about saving money for quarterly taxes.

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MT taxes - tan
- If you have a spouse you can have extra - me
- If you don't want to get slammed with a huge payment due, estimated quarterly taxes - is the way to go. nm
  - Here's what I do... - IC2
    - Thanks! Still confused lol - tan
      - Yes set aside some $$, unless you are married - me
      - I'm new at this too but here's what I do so far (sm) - CAMT
        thanks again - tan
        Just waiting till the end of the year (sm) - CAMT

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If you are married and file jointly you can have your spouse
take out extra taxes and not have to worry about paying estimated taxes. I've been doing it for 2 years and this works well for us. Budgeting is an issue for us, so this way we don't have to worry about it, it comes out of his check and we even got a little back this year.