Hi
Suppose for example you submitted your preliminary tax for 2009 in Oct 2009 for 10k. Now you are actually making the 2009 return(form 11) and your liability works out to be 12k. Since the form 11 does not appear to mention anywhere the preliminary tax you paid for 2009, how can you submit 2k rather than 12k? In the above example, when you complete the form 11 it looks like you owe 12k rather then 2k.
Thanks in advance
Joe
Suppose for example you submitted your preliminary tax for 2009 in Oct 2009 for 10k. Now you are actually making the 2009 return(form 11) and your liability works out to be 12k. Since the form 11 does not appear to mention anywhere the preliminary tax you paid for 2009, how can you submit 2k rather than 12k? In the above example, when you complete the form 11 it looks like you owe 12k rather then 2k.
Thanks in advance
Joe