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jwasbury jwasbury is offline
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Join Date: Jan 2008
Location: Weehawken, NJ
Posts: 3,593
Of course you can prepay. The timing of your payments only come into play if you have underpaid, for purposes of calculating interest penalties.

Withholdings from wages are assumed to be paid evenly throughout the year for that underpayment interest penalty calculation, so you if you have flexibility with your W2 wages, this can be a method to top up your tax payments close to year end and avoid underpayment penalties.
Old 07-27-2019, 05:27 AM
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