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Get your taxes done using TurboTax
Note,
I made a distribution in January and had the federal taxes withheld that were MORE than 100% of the previous years Taxes owed so, I assume this means I am now into the "Safe Harbor" provision and are no longer required to pay any estimated taxes - and even though I will owe thousands more in federal taxes at the end of this years tax year, , I will not get any penalty for owing them since I have already meet the Safe Harbor provision by having paid more than 100% of the previous years taxes owed.
Am I not correct?
‎February 1, 2023
2:02 PM