Jul 17, 2006 #1 Arif Full time employment: Posting here. Joined Jun 21, 2005 Messages 761 I remember a thread back awhile about paying estimated taxes each quarter when self employed. Does this apply to capital gains as well or just income taxes?
I remember a thread back awhile about paying estimated taxes each quarter when self employed. Does this apply to capital gains as well or just income taxes?
Jul 17, 2006 #2 Martha Moderator Emeritus Joined Feb 27, 2004 Messages 13,228 Location minnesota Yes, it applies to capital gains too. See this tax topic: http://www.irs.gov/taxtopics/tc355.html