I did not pay estimate/quarterly taxes this year, 2024. I was planning on doing a Roth Conversion and having State & Fed Taxes withheld to be considered paid “Timely” for the year. Following up with an Indirect Rollover to make my Roth Conversion whole.
Anyway, my tenants broke their lease 3 months after they renewed in September. Tentatively I will have my Rental home sold, settling early December. Is it possible, or a thing, to have the Title Company withhold State and Fed Taxes as to be considered paid “Timely” for the year?
I preferred not to deal with Form 2210, particularly since I did not pay Estimate Taxes for the first 3 Quarters.
Thanks in advance
Anyway, my tenants broke their lease 3 months after they renewed in September. Tentatively I will have my Rental home sold, settling early December. Is it possible, or a thing, to have the Title Company withhold State and Fed Taxes as to be considered paid “Timely” for the year?
I preferred not to deal with Form 2210, particularly since I did not pay Estimate Taxes for the first 3 Quarters.
Thanks in advance
Statistics: Posted by should have — Mon Nov 25, 2024 10:08 pm — Replies 10 — Views 836