Never Paid Estimated Taxes Do I Have To Pay Estimated Quarterly Taxes On Capital Gains, Long Term Or Short Term?

Do I have to pay estimated quarterly taxes on capital gains, long term or short term? - never paid estimated taxes

My question is to say that I 50k Clock in action, and double-click on the following day that I sell to. So, now I have 100K, but I'm 50k. Let us assume that this was done in January 2007. Can I to April 15, wait for 2008, pay taxes or do I have to make quarterly estimated tax in April 2007? Never heard of this nonesense calculates the tax. When is it applicable?

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