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Subject:  Re: Estimated Payments Date:  11/27/2012  10:17 AM
Author:  ResNullius Number:  116992 of 127745

You may subtract from that figure any 2012 withholding in determining your 2012 ES requirements. Unless you elect otherwise, withholding is credited equally across the four ES payment periods in determining whether you met the safe harbor.

But how do you know the exact amount of 2012 withholding when you estimate your 2012 estimated payments in April 2012? Can you use the amount of 2011 withholdings, then would you be in a safe harbor so to speak? Obviously, I'm more concerned about 2013, since 2012 is almost over. For 2013, if I take the tax paid in 2012, then subtract the amount of that tax that was paid by withholdings (as opposed to estimated taxes), then divide by 4, would I be safe in 2013 if I paid estimated taxes in that amount? I hope I'm being clear enough, but since I know just enough to get in trouble, I'm frequently unable to articulate my exact question properly. Thanks.
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