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URL:  http://boards.fool.com/to-put-it-another-way-there-are-3-quotsafe-15541045.aspx

Subject:  Re: Estimated Taxes Date:  8/10/2001  12:58 PM
Author:  edcosoft Number:  53226 of 124149

To put it another way. There are 3 "safe harbors". "Taxes" are total owed with your return after deducting credits:

1. 90% of current year's taxes paid by withholding and/or 4 equal and on time installments.

2. Within $1,000 of current year's taxes paid by withholding ONLY.

3. 100% (or this year, 110% if last year's AGI > $150K) of last year's taxes paid by withholding and/or 4 equal and on time installments.

These are "Safe Harbors" because you don't have to