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Does your 2017 estimated tax program for 2018 income incorporate the 20% income deduction for small businesses?
My schedule C estimated income for 2018 will be 20% less with the new tax deduction. This will make a big difference in the amount required for quarterly estimated tax payments.
Does the 2017 program take this into account?
Thanks, David
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‎June 1, 2019
8:52 AM