Is the State of California safe harbor similar to federal, 110% of last years tax liability? More or less, yes.It's 100% of last year's tax if your AGI is under $150k ($75k for married filing separate). Over that AGI it's 110% of last year's tax. If your AGI is over $1 million, you don't get this exception. Instead you need a good crystal ball so that you can pay in 100% of your tax. (In reality, at that income level, you have to use annualized installments to avoid a penalty AND keep from grossly overpaying your taxes.)--Peter
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