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"Congress introduced bipartisan legislation aimed at changing the estimated tax payment deadlines to a uniform, quarterly schedule. Rep. Debbie Lesko, R-Arizona, and Bradley Schneider, D-Illinois, introduced the Tax Deadline Simplification Act on Tuesday. The legislation would set the estimated tax installment deadlines to 15 days after the end of each quarter, moving the deadlines to Jan. 15, April 15, July 15, and Oct. 15. It would affect individual taxpayers, small businesses, estates, and trusts." This makes a lot of sense!

About time!

My client received a notice from the state adding back the exclusion, it turns their state opted out since day one and I did not or ATX catch it. There are no penalties or interest charged so that is a good thing, I am in IL and I only prepare 2-3 out of state returns so if you prepare out of state returns and the TP had UC, I would check.

It should be 30 days, so you pay your taxes on 4/15 and pay your first estimate on 4/30, but it doesn't matter, because this will never pass. Some accountant will calculate how much interest it will cost the government to delay the 2nd and 3rd quarter payments by a month and it will be too large of a number. Abby Downer (wah wah)

The apartments do not produce 80% so 39 years it is! Here's a link to an article I found late last night that discusses the issue https://www.thetaxadviser.com/issues/2012/oct/clinic-story-03.html. Thanks for educating me. This community is the best!

Probably a good idear in my case. Half of my posts are borne of ignorance, so there is no basis for awarding achievement based on sheer number of my posts. Good luck on this - maybe some way to evaluate those of us who answer questions with good answers instead of bringing questions to the group...there are those of us who give lifesaving answers from time to time - won't list names, but we all know who they are.

My wonderful wife has finished my new quilt. It is on a King Size bed in the picture. My wife is the bomb. Tom Modesto, CA

I don't see a shield but I do consider my two profanity warnings a badge of honor. Oh, and thanks, Eric! It seems I only cuss every 4 years, so look out 2022!

@Eric, you take such good care of us. No complaints, for Heaven's sake! We you !

Thank you, Eric, for taking such good care of us!