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Investors & landlords
assuming you do not have tax withheld, you will avoid estimated tax penalties when filing your 2023 return if your TIMELY estimated tax payments are 100% (110% if your 2022 adjusted gross income was over ($150K) of your 2022 tax. "TIMELY" means 25% is paid by each quarterly due date.
state laws differ if you have a state income tax.
‎July 19, 2023
4:38 PM