If you own a heavy highway vehicle and need to file Form 2290, be sure to visit the Trucking Tax Center at www.irs.gov/truckers | IRS
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If you own a heavy highway vehicle and need to file Form 2290, be sure to visit the Trucking Tax Center at www.irs.gov/truckers | IRS
IRS. . If you own a heavy highway vehicle and need to file Form 2290, be sure to visit the Trucking Tax Center at www.irs.gov/truckers
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Quarterly Estimated Taxes Explained Quarterly estimated taxes = The $4,200 penalty you don't see coming 😳 Client paid $73,600 tax bill in full on April 15th. IRS still charged $4,200 underpayment penalty. Why? She was supposed to pay QUARTERLY, not all at once. 2026 Quarterly Deadlines: 📅 Q1: April 15, 2026 📅 Q2: June 15, 2026 📅 Q3: Sept 15, 2026 📅 Q4: Jan 15, 2027 Miss these = penalties even if you pay the full amount later. Safe harbor: Pay 100% of last year's tax (110% if income over $15
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Quarterly Estimated Taxes Explained Quarterly estimated taxes = The $4,200 penalty you don't see coming 😳 Client paid $73,600 tax bill in full on April 15th. IRS still charged $4,200 underpayment penalty. Why? She was supposed to pay QUARTERLY, not all at once. 2026 Quarterly Deadlines: 📅 Q1: April 15, 2026 📅 Q2: June 15, 2026 📅 Q3: Sept 15, 2026 📅 Q4: Jan 15, 2027 Miss these = penalties even if you pay the full amount later. Safe harbor: Pay 100% of last year's tax (110% if income over $15
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