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Adjustments to Quarterly Tax Payment
Our income for tax year 2023 was significantly higher than previous years and 2024 estimated income is similar to years prior to 2023. The current quarterly tax payments (based on my 2023 tax return) are significantly higher than previous years. Can you make quarterly tax payments lower than the amount projected on my 2023 tax return, or do they have to be the amount specified on the return?
‎August 28, 2024
9:15 AM