additional rules if you are not going to pay estimates to avoid underpayment of estimated tax penalties
1) withholding must equal or exceed 90% of your 2024 tax. if you owe less than $1000 this rule is waived
or
2) withholding must equal or exceed 100% of 2023 tax or 110% if your 2023 AGI was over $150K. this rule is also waived if you owe less than $1000.
