T
Taxlover
I had an very large capital gain in 2007, but paid no estimated taxes
because I had very little income in 2006.
So, I now have to pay a big slug of NY income tax.
I will have almost no income in 2008, so I will get no tax deduction for the
NYIT.
Should I have paid NY estimated taxes in 2007 to get the the deduction moved
to 2007 rather than 2008?
Should my accountant have picked this up?
because I had very little income in 2006.
So, I now have to pay a big slug of NY income tax.
I will have almost no income in 2008, so I will get no tax deduction for the
NYIT.
Should I have paid NY estimated taxes in 2007 to get the the deduction moved
to 2007 rather than 2008?
Should my accountant have picked this up?