Estimated tax payments…

Estimated tax payments that are based on the prior years tax obligation can be 100% of your prior years tax obligation, if last year’s adjusted gross income was less than a $150,000. If your adjusted gross income was more than a $150,000 percent(?) your estimated tax payments need to be 110% of your prior years tax obligation. listen

Powered by Jott

About the author

Seattle CPA+John Huddleston has written extensively on tax related subjects of interest to small business owners. Since 2002, he has owned his own small business, Huddleston Tax CPAs. He is a graduate of Washington State University and the University of Washington School of Law.

Leave a Reply