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  • Re: We sold our rental property and we will owe money come next tax season. If we do not pay anything now, will we have a penalty? Should we pay quarterly taxes instead?
Mike9241
Level 15 Mike9241
Level 15
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Investors & landlords

it's 110% of the prior year tax if their prior-year AGI was over $150,000

‎June 6, 2022 9:59 AM
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