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re: Payroll Screw-up...need Advice
Posted on 7/1/14 at 10:52 am to sneakytiger
Posted on 7/1/14 at 10:52 am to sneakytiger
quote:
If your 2013 adjusted gross income was more than $150,000 ($75,000 if you are married filing a separate return), you must pay the smaller of 90% of your expected tax for 2014 or 110% of the tax shown on your 2013 return to avoid an estimated tax penalty.
We will be pretty close to the $150k AGI, probably be slightly over.
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