How much $ to set aside for next year taxes

[zombies kill]

33% is a perfectly fine estimate. if you want to plan for the end of the world like a lot of the little nerds on these boards, go ahead and do 45%. but theres a huuuge chance it wont be anywhere near that. if you go and estimate your income today at like $60k... theyre probably going to have you send in $20k over the year, or exactly 1/3. i know this for a FACT, because one year i filed for estimated payments for this exact income amount and i had no extenuating circumstances. i understand it can vary state to state etc, but its a solid general estimate. if you want to hoard a ton of extra money in a bank account, then go ahead. otherwise, stick it in a savings or stock account or something and put it to use.

and the penalties for not doing estimated payments will most likely be very negligible. i once paid penalties on a year-late $50k and paid like $100. dont take my word on this, i could imagine it could be very different for some other people.

and some advice- if youre talking to ANYONE about common, average, every-day tax problems/ situations and they mention anything about going to jail, never listen to anything that person ever says concerning taxes again, because they have no idea what theyre talking about.

[Infotainment]

thanks zombies kill;

This sounds pretty down to earth and reasonable.