I know short term capital gains come from profits realized on stocks held less than a year and are taxed somewhere near 35%. I have made a decent amount on the market so far this year and am starting to put money aside for taxes so I am not scrambling at the end of the year. However, I thought I heard at some point if you underpay taxes on total net income for the year by too much you are subject to a penalty. What is the appropriate way to begin paying taxes on short term capital gains that won't result in an underpayment penalty by the IRS at the end of the year?
Submitted June 21, 2017 at 05:30PM by CreamyRedCrayon http://ift.tt/2rSNTvB
