The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/your-right-ken-on-the-assumptionthat-you-got-a-22632517.aspx

Subject:  Re: estimated tax questions Date:  6/16/2005  11:09 PM
Author:  edcosoft Number:  79724 of 121061

You'r right, Ken. On the assumptionthat you got a refund because your normal withholding is more than your last year's tax, and your withholding is continuing at the same rate as last year, you are meeting a safe harbor if your AGI last year was less than $150,000. You do not have to pay estimates. ed
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us