Thanks but that does not answer my question about estimated tax payments for California : can you use safe harbor rule or do you have to 'pay as you go' taxes a...
https://ttlc.intuit.com/community/taxes/discussion/when-do-i-need-to-pay-tax-on-capital-gain-from-house-sale/00/806726California differs from federal. To avoid ...
Ok thanks. It’s a good deal, that’s why I was surprised it would work, but you confirm it.How about California estimated tax, does it work the same? If I sell m...
Not totally clear, let’s do an example :Say my income in 2020 is $100,000 and my tax on it is $30,000, paid April 15 2021.Say my income in 2021 is $1,000,000 an...
What if in the current year your income is ten times higher than the prior year? Can you still use the "safe harbor" method and use prior year 110% tax liabilit...
