It depends. Your effect tax rate next year will be influe...

I sold standing timber in 2018. What will the tax rate be and can I pay it ahead of time?

posted

It depends. Your effect tax rate next year will be influenced by your income and deductions, as well as the proceeds from the timber sale.

TurboTax TaxCaster is a quick and easy tool that may be able to assist you in estimating the tax you may owe.

Note that you can always pre-pay estimated Federal and State taxes. See this post for instructions: How do I make estimated tax payments?

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I sold standing timber in 2018. What will the tax rate be and can I pay it ahead of time?