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j9dong
New Member

Sold a lot of vested RSU in May, around $150000 long term capital gain. To avoid penalty when filing in 2020, do I just make sure I pay 110% of my total 2018 tax paid?

Sold a lot of vested RSU in May, around $150000 long term capital gain. How do i estimate tax I should pay 6/15/2019? To avoid penalty when filing in 2020, do I just make sure I pay 110% of my total 2018 tax paid? How is that prorated? I.e. If I just make sure I pay 110% of my 2018 tax before 12/31/2019, am I completely safe to avoid the penalty?

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3 Replies

Sold a lot of vested RSU in May, around $150000 long term capital gain. To avoid penalty when filing in 2020, do I just make sure I pay 110% of my total 2018 tax paid?

If I just make sure I pay 110% of my 2018 tax before 12/31/2019, am I completely safe to avoid the penalty?

Yes ... you are quoting the safe harbor rule to a tee.... make sure it is your tax liability. 

j9dong
New Member

Sold a lot of vested RSU in May, around $150000 long term capital gain. To avoid penalty when filing in 2020, do I just make sure I pay 110% of my total 2018 tax paid?

But how does the quarterly due date work then? i.e. is that withholding prorated in anyway?  

Sold a lot of vested RSU in May, around $150000 long term capital gain. To avoid penalty when filing in 2020, do I just make sure I pay 110% of my total 2018 tax paid?

When you used the safe harbor rule the totals are annual ... no prorating needed.
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