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Tax Safe Harbor
If I took out a Annuity Distribution in January and had both State and Federal Taxes withheld such that they covered more than 100% of my Tax Liabilities of the prior tax year, does this satisfy the Safe Harbor provision (even though I did not make any estimated taxes and will now owe thousands more but in this provision I can wait until next year to pay / make further estimated payments)?
‎February 1, 2023
10:48 AM