amanda2
Level 1
03-20-2020
01:59 PM
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Best Answer Click here
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BobKamman
Level 15
03-20-2020
02:03 PM
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Proposed legislation in the Senate says no payments until October 15, and "all such installments shall be treated as one installment due on such date."
amanda2
Level 1
03-20-2020
02:06 PM
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Mr. Kamman,
So the 1st, 2nd and 3rd quarter payments would be lumped together in one payment potentially due on October 15th, pending legislation?
BobKamman
Level 15
03-20-2020
02:14 PM
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Yes. "The Secretary of the Treasury (or the Secretary's delegate) shall prescribe such regulations or other guidance as may be necessary to carry out the purposes of this subsection."
