robinweaver
Level 3
03-08-2020
08:51 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Best Answer Click here
Labels
abctax55
Level 15
03-08-2020
09:29 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Were the estimates made timely?
HumanKind... Be Both
robinweaver
Level 3
03-09-2020
10:04 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
No. One large sale of stock with one large estimate.
abctax55
Level 15
03-09-2020
10:10 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Then you need to annualize. Look at Form 2210. You have to tell the software that the big gain happened in the time frame of the estimate.
HumanKind... Be Both
robinweaver
Level 3
03-09-2020
10:34 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Thank you very much.
abctax55
Level 15
03-09-2020
10:50 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
YVW
HumanKind... Be Both