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estimated tax payments
I have enough withholding from my W2 to cover my earned tax liability. I often get capital gain and dividend distributions in December that put me into owing taxes. It usually is more than the 90% rule allows. Can I just make one estimated tax payment in Jan to cover the liability or will I be penalized for not paying 4 equal estimated tax payments? Thanks
‎February 1, 2021
3:09 PM