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Author: wevets Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121595  
Subject: Safe Harbor question Date: 6/10/2000 12:43 AM
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I'm sure this must have been asked before, but I can't find it in the FAQs, so...

Due to forced option sales at work, etc. I will be making somewhat north of twice what I made last year. I've already had withheld more than I paid in taxes last year but my total withholding by the end of the year will be well less than my final tax liability. I will have plenty of cash to pay my tax bill come 4/15/2001. Does the safe harbor provision mean that since I've already had withheld more than I owed for all of 1999, I don't have to worry about arranging for my withholding to be within 10% of my final liability for 2000? If so, I'll keep the cash where it can earn me a few bucks in the mean time.

Thanks for any help.

Wevets
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