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?
You'll need to sign in or create an account to connect with an expert.
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.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
ron6612
Level 4
davoti2
Level 3
mariepie19
New Member
Mochina
Level 3
samarth2222
Level 1