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I know IRS has a "safe harbor" for not withholding enough - that if you have withheld an amount that's at least 100% of last year's taxes (or 110% if above $150K)

I'm trying to figure out if CA has the same rule - or something similar.

Yes, it does - 90% of your 2014 liability or 100% of your 2013 liability including AMT, (if applicable). However, if your 2013 CA AGI was more than $150K, the safe harbor is 110% of 2013 liability. Furthermore, if your 2014 CA AGI will exceed $1M, you cannot use the 2013 liability safe harbor at all.

You can find all of this in the instructions for Form 540-ES,

I'm sure that Peter, our resident CA expert, will correct me if I've made a mistake.

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