I will be trading futures exclusively for the next year while taking no salary, income, or draw. Being subject to taxation solely on 1256 contracts leaves me down the path that I can settle up at year end. Again, I am trading futures only. I will be trading heavy volumes. My question is: do I have to pay estimated taxes on a quarterly basis? I still have not found a straight answer from anyone on here and greentradertax is a dead end due to their desire for entity formation and money. I am highly capitalized with a six figure cash and a segregated six figure brokerage account. Accounts have not been formed yet, no entities have or will be formed this year. Access to capital is not a problem for me. Wasting my time and $500 to $1000 going to a tax accountant and/or lawyer is not of interest to me. Thanks, boys.