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Posted by ed on January 16, 2008, 11:14 am
Please log in for more thread options > Question: If I earned the majority of my income this year
Is "this year" 2008? That's the date on your inquiry.
>through one
> check (1099)
What is the date of that "one check" by month and year?
>what would be the most efficient way to pay/calculate my
> estimated taxes?
"estimated taxes for what year?
Since my income is significantly higher than for
> 2006,
higher in what year?
>I was wondering if the 'safe-harbor' of paying 90% of last years
> taxes wouldn't apply.
the safe harbors are either 100% or 110% of last year's tax depending
on last year's AGI, or 90% or the current year's tax
>Then, of course, I would pay the difference on
> or before April 15th.
April 15th of what year?
> My gross income for 2007 is below $150,000.
> Any thoughts?
thoughts about what?
ed
>
> --
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--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>
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