Also the OP shouldn't forget state income taxes, if they apply. In my state, capital gains are not taxed differently from ordinary income. AND the safe harbor provision is that you paid 110% of last year's taxes, not 100%, if your income is above a certain level.IF you meet one of the IRS's Safe Harbors https://www.hrblock.com/tax-center/irs/ ... AAWO-elHR_ then you will not need to pay estimated tax.We'll probably need to make an estimated quarterly tax payment by the end of this month because of this large profit
The most likely way to do that in your situation would be to make sure your witholding this year is at least as much as you owed last year.
Statistics: Posted by snic — Tue Sep 09, 2025 11:34 am — Replies 9 — Views 863