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D
dlpy1
September 19, 2019
Question

As a retiree, can I pay all my 2019 income taxes on 4/15/20, and skip paying estimates?

  • September 19, 2019
  • 1 reply
  • 0 views
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1 reply

X
xmasbaby0
Employee
September 19, 2019

It has nothing to do with being retired.  If you expect to owe over $1000 at tax filing time, then you are subject to a penalty for not paying estimated tax or having enough withheld from your income, whatever that income may be.  You have not told us what income you are receiving in 2019--Social Security, retirement pension, investment income, etc.  

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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