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Subject:  Re: Estimated Payments Date:  11/27/2012  8:36 AM
Author:  TMFPMarti Number:  116987 of 127752

So, if your AGI is under $150K, then all you have to do is make 4 equal payments that total the amount of your tax for the prior year? That seems easy enough, assuming I understood correctly.

Just one tense change. If your AGI was under $150K....

So, for 2012, if your 2011 AGI was under $150K, your 2012 safe harbor is 2011 tax paid in four equal, timely 2012 ES payments.

Note that there are other safe harbors, but I won't muddy the waters by mentioning them. That's why we have Pub 505.

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