Re: do you have to make estimated payments on capital gains?
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Per Ray Zee, it seems the estimate is based on 100% of last year - that is probably right, it used to be a %.
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Yes, although if your income is high (north of $150K, I think?) they expect 110% of last year's tax burden or 100% of this year's tax burden, whichever is less.
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The safe harbor rule you are referring to, in lieu of quarterly payments, is that through withholdings, you must pay 110% of last year's liability, or 90% of actual.
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