I. If you have several unforeseen capital gains in 2025 and pay tax quarterly and income is over $150,000.
2. The stock is held by a family LLC and you have a third ownership
3. If you pay 110% in 2025 of your 2024 taxes are you meeting SAFE HARBOR requirements to insure no IRS penalty for late payment?
Safe Harbor indicates pay 90% of 2025 tax or 110% of 2024 year tax, whichever smaller. 2024 smaller than 2025. This is how one would interpret it as written.
