JG, this is the first year I have encountered the horror of being self-employed and having to pay that lump sum. Two kids and a house, you think we'd have enough deductions, but noooooo...Because real estate is so up and down (I made 60% of my income on one deal), I can't even pay quarterly, because my accountant said he had no idea what amount to tell me to send in.
Do you shelter some income in SEP IRAs or anything similar?
