well-temperedforum.groupee.net    The Well-Tempered Forum  Hop To Forum Categories  Off Key    As tax time approaches, a public service announcement

Moderators: QuirtEvans, pianojuggler, wtg
Go
New
Find
Notify
Tools
Reply
  
As tax time approaches, a public service announcement
 Login/Join
 
Has Achieved Nirvana
Picture of jon-nyc
posted 06 April 2019 04:00 PM
I just saw this paragraph in the estimated tax form instructions and thought I'd pass it along.

quote:
No checks of $100 million or more accepted. The IRS can’t accept a single check (including a cashier’s check) for amounts of $100,000,000 ($100 million) or more. If you are sending $100 million or more by check, you will need to spread the payment over 2 or more checks with each check made out for an amount less than $100 million. This limit doesn’t apply to other methods of payment (such as electronic payments). Please consider a method of payment other than check if the amount of the payment is over $100 million.

Notice they even suggest a workaround - multiple checks.   I'm sure you'll find this very helpful.


--------------------------------
If you think looting is bad wait until I tell you about civil forfeiture.

 
Posts: 33811 | Location: On the Hudson | Registered: 20 April 2005Reply With QuoteReport This Post
Has Achieved Nirvana
Picture of QuirtEvans
posted 06 April 2019 04:02 PMHide Post
Well, Doug will.
 
Posts: 45838 | Registered: 20 April 2005Reply With QuoteReport This Post
Minor Deity
Picture of Axtremus
posted 06 April 2019 04:47 PMHide Post
But you can put multiple checks into one envelope, right?
Otherwise you have to pay for an extra first class stamp and that’s just unfair.


--------------------------------
www.PianoRecital.org -- my piano recordings -- China Tune album

 
Posts: 12733 | Registered: 01 December 2006Reply With QuoteReport This Post
Minor Deity
Picture of Doug
posted 06 April 2019 05:21 PMHide Post
The question is, what do they apply the same rule to my refund check? If so, as Ax says, I hope they put it in one envelope so I don’t have to make two trips to the bank.
 
Posts: 10347 | Registered: 20 April 2005Reply With QuoteReport This Post
  Powered by Social Strata  
 

    well-temperedforum.groupee.net    The Well-Tempered Forum  Hop To Forum Categories  Off Key    As tax time approaches, a public service announcement