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re: Tax Filing Extension
Posted on 4/10/24 at 10:48 am to bigeasy225
Posted on 4/10/24 at 10:48 am to bigeasy225
quote:
Shouldn’t my accountant tell me what that estimated number is though?
I don't remember the number, its something like 90% though. I think its like 90% of last year's income or 90% of this years, whichever is great. So if you went up exponentially then you need to estimate it, yes. If its close to last year then I think you can use last years.
1
Posted on 4/10/24 at 11:01 pm to baldona
quote:
I don't remember the number, its something like 90% though. I think its like 90% of last year's income or 90% of this years, whichever is great. So if you went up exponentially then you need to estimate it, yes. If its close to last year then I think you can use last years.
Those are estimated taxes that you pay quarterly. You have to pay 100% by April 15th.
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