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Get your taxes done using TurboTax
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When your income is over $150,000, your safe harbor for estimated payments is 110% of your prior-year liability. Line 8 of Part I of Form 2210 is 110% of your 2023 tax liability. You would have needed to pay the lesser of this number or 90% of your current year liability to avoid the underpayment penalty.
March 7, 2025
2:09 PM