cl2019 Posted October 26, 2020 Report Share Posted October 26, 2020 Can anyone help with this? Take 2019 tax year as an example, if I want to figure out 2019 tax year minimum estimated tax amount to avoid penalty, line 8 (Maximum required annual payment based on prior year’s tax) amount should be the amount from line 15 (Total tax) of 2018 1040? 2210 instructions is a bit confusing. Quote Link to comment Share on other sites More sharing options...
cl2019 Posted October 27, 2020 Author Report Share Posted October 27, 2020 OK, it seem the 1040-es instruction explains it better. Quote Link to comment Share on other sites More sharing options...
Catherine Posted October 27, 2020 Report Share Posted October 27, 2020 It depends on if the client needs to hit the 100% or 110% amount, too - so check that. 2 Quote Link to comment Share on other sites More sharing options...
cl2019 Posted October 27, 2020 Author Report Share Posted October 27, 2020 Thanks for the comment! 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.