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re: Best way to allow withholding to sit for tax season?

Posted on 2/26/17 at 6:54 pm to sneakytiger
Posted by rpg37
Ocean Springs, MS
Member since Sep 2008
48425 posts
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Posted on 2/26/17 at 6:54 pm to sneakytiger
quote:
Not if he qualifies under safe harbor provisions. Don't pay estimated unless you have to.


How does this work?
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Posted by sneakytiger
Member since Oct 2007
2475 posts
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Posted on 2/26/17 at 9:26 pm to rpg37
LINK

Read toward the bottom on how to avoid penalties. Basically if you pay at least 100%, or 110% of you're a high earner, of what you paid in tax last year, you will avoid penalties.
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