If you pay 100% of last year's tax liability (line 16 of your 2019 1040), you can avoid penalties. Simply take the amount from your return, divide by four, and make four equal payments.
However, if your adjusted gross income (AGI) was greater than $150,000, that estimate must be 110% of last year's tax liability.
You can also pay 90% of this year's tax liability to avoid penalties. This is more difficult to estimate, as you need to determine what that amount will be.
Estimated Taxes: How to Determine What to Pay and When
Estimated Tax Payments
IRS Estimated Taxes
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