dpugachev
New Member

Get your taxes done using TurboTax

Thanks, I was asking because I read the following on IRS web site (https://www.irs.gov/businesses/small-businesses-self-employed/estimated-taxes:(

 

You don’t have to pay estimated tax for the current year if you meet all three of the following conditions.

  • You had no tax liability for the prior year
  • You were a U.S. citizen or resident for the whole year
  • Your prior tax year covered a 12-month period

It seems that he does not have to pay estimated tax because he meets all three conditions, so I welcome any clarifications... thanks!