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 Form 8804 Schedule a Penalty for Underpayment of Estimated Section 1446 Tax by Partnerships 2016

8804 2016-2025 Form

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Video instructions and help with filling out and completing Form 8804 Schedule A Penalty For Underpayment Of Estimated Section 1446 Tax By Partnerships

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Instructions and help about Form 8804 Schedule A Penalty For Underpayment Of Estimated Section 1446 Tax By Partnerships

in this video we're going to answer the question can you qualify to file as exempt on irs form w-4 so what this means is can you not pay any federal withholdings throughout the course of the year if you have a tax liability can you just pay it at the end of the year now i'm making this video in response to a comment that i got on a previous video that i talk about how to file exempt on the irs form w-4 this video is for the qualifications so this question comes from bully mcguire and he said i like exempt because i get extra buying power and can make more money in my investments if i put off paying taxes until when taxes are due no penalties as long as you file on time the first thing i want to point out is i do a lot of irs form w-4 videos on this channel and the whole intent of them is so you can pay the correct amount of federal withholdings so you don't get a big refund at the end of the year because that's like a government free loan you want to pay

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