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JACK LAMAR WAS UNEMPLOYED DURING MOST OF 2017. IN NOVEMBER HE FOUND A JOB, SO ALL FEDERAL INCOME TAX WITHHOLDING FOR THE YEAR CAME IN NOVEMBER AND...
JACK LAMAR WAS UNEMPLOYED DURING MOST OF 2017. IN NOVEMBER HE FOUND A JOB, SO ALL FEDERAL INCOME TAX WITHHOLDING FOR THE YEAR CAME IN NOVEMBER AND DECEMBER.HOW WILL
THE IRS TREAT JACK WITHHOLDING WHEN COMPUTING A PENALTY FOR UNDERPAYMENT OF
ESTIMATED TAX.
BEING WITHHELD EVENLY THROUGHOUT THE YEAR
AS BEING WITHHELD IN NOVEMBER AND DECEMBER ONLY
AS IT WAS PAID ON DECEMBER 31
WITHHOLDING DOES NOT FIGURE INTO THE COMPUTATION OF PENALTY