jimbee
Thinks s/he gets paid by the post
- Joined
- Oct 11, 2010
- Messages
- 1,297
When I file my income tax, I schedule the payment for early April. The payment is not sent when I e-file. You can file earlier than you pay.I usually wait to the deadline to file. Why give Uncle Sam my money sooner. Example. I owe $5000. I keep that in a fixed account paying close to 5%. $5000*.05*.25(quarter of the year)=$62.50. Just payed for my TT.
Unless of course you're getting a refund. But that means you gave the money to US earlier in the year and didn't get the return on that either.