suebuitenhuis
Level 1
03-06-2022
10:28 AM
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2022 Estimated Federal taxes
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George4Tacks
Level 15
03-06-2022
10:41 AM
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Answers are easy. Questions are hard!
suebuitenhuis
Level 1
03-06-2022
11:03 AM
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Thanks for the reply. The income for 2022 is expected to be higher than 2021, so if I do that, it is using the estimated 2022 income. I want to create estimates based on 110% of 2021 income but it is only calculating 100% of 2021? I don’t understand why it doesn’t calculate 110%?
sjrcpa
Level 15
03-06-2022
01:17 PM
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Because their 2021 income must be below the amount required for a 2022 110% safe harbor.
The more I know the more I don’t know.
George4Tacks
Level 15
03-06-2022
02:29 PM
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At the bottom of that same screen you can put in the number you want the estimate to be.
Answers are easy. Questions are hard!