ddeason007
Level 2
 
0 Cheers
IRonMaN
Level 15

Did they have estimates paid in that weren't paid evenly during the year?


Slava Ukraini!
ddeason007
Level 2

Yes paid unevenly due to Long Term Cap Gains coming unevenly during the year.  Though the safe harbor would alleviate any penalty.  Do I suppress 2210 and see if IRS bills me?  Looks like Proconnect won't apply the safe harbor.   I use Proconnect for my personal return.  Thanks for your quick reply.

0 Cheers
PhoebeRoberts
Level 11
Level 11

110% of the prior year tax safe harbor only works if the payments are made evenly. You want to do the annualization method.

ddeason007
Level 2

Oh joy!  Thanks for your input.