Name:   MartiniMan - Subject:   Martini Date:   10/21/2020 1:20:46 PM

That's exacty what I do.  On April 15th we file for an extension and make a payment equal to 110% of my estimated tax liability so I don't pay a penalty.  But when my actual tax return is submitted in September I may owe more tax, get a refund or apply the tax payments to future years.  A lot depends on whether additional deductions result in a tax liability less than what I paid in my estimate.  Either way, just like Trump I pay a crap load of taxes in April and in his case he applied past deductions to his current tax liability and applied the payment he made in April to future years.  The government has his money.  He paid millions in taxes.  Period....end of story.