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| On Mar 7, 10:05*am, "CWLee" <cdubya...[at]post.harvard.edu> wrote: - quote - > In recent years the safe harbor percentage rate (to avoid > underpayment of estimated FIT) has been 110% of the previous > year's tax with respect to quarterly estimated FIT > prepayments. *I've been unable to locate the rate to be used > for estimated 2008 estimated FIT prepayments. *Can anyone > provide a pointer? > I have the same question for California estimated income tax > prepayments. > Thanks. > -- > ---------- > CWLee > Former slayer of dragons; practice now limited to sacred > cows. *Believing we should hire for quality, not quotas, and > promote for performance, not preferences. > -- > << ------------------------------------------------------- > > << 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 atwww.asktax.org. * * * * * * * * > > << * * * * Copyright (2007) - All rights reserved. * * * * > > << ------------------------------------------------------- > http://www.irs.gov/pub/irs-pdf/f1040es.pdf Milt Baker CPA ========================================= MODERATOR'S COMMENT: Please delete all unnecessary text from the text to which you respond. -- << ------------------------------------------------------- > << 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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| On Mar 7, 7:05 am, "CWLee" <cdubya...[at]post.harvard.edu> wrote: - quote - > In recent years the safe harbor percentage rate (to avoid
Search for "1040-ES 2008"> underpayment of estimated FIT) has been 110% of the previous > year's tax with respect to quarterly estimated FIT > prepayments. I've been unable to locate the rate to be used > for estimated 2008 estimated FIT prepayments. Can anyone > provide a pointer? > I have the same question for California estimated income tax > prepayments. http://www.irs.gov/pub/irs-pdf/f1040es.pdf For California "540-ES 2008 instructions" http://ftb.ca.gov/forms/2008/08_540esins.pdf -- << ------------------------------------------------------- > << 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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| In recent years the safe harbor percentage rate (to avoid underpayment of estimated FIT) has been 110% of the previous year's tax with respect to quarterly estimated FIT prepayments. I've been unable to locate the rate to be used for estimated 2008 estimated FIT prepayments. Can anyone provide a pointer? I have the same question for California estimated income tax prepayments. Thanks. -- ---------- CWLee Former slayer of dragons; practice now limited to sacred cows. Believing we should hire for quality, not quotas, and promote for performance, not preferences. -- << ------------------------------------------------------- > << 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. > << ------------------------------------------------------- > |
| Tags |
| harbor, percentage, safe |
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