It is my opinion that TT gives those estimates purely as guidance.
You are not bound by that output.
Your only responsibility is to pay the tax you will owe if that number is less than the previous year.
If your tax obligation were to be larger than the previous year you would need to meet a safe harbor amount.
But my read on your post is your taxable income will be less than the previous year. So only pay the actual due (or close).
You are not bound by that output.
Your only responsibility is to pay the tax you will owe if that number is less than the previous year.
If your tax obligation were to be larger than the previous year you would need to meet a safe harbor amount.
But my read on your post is your taxable income will be less than the previous year. So only pay the actual due (or close).
Statistics: Posted by Workinprogress — Mon Oct 20, 2025 7:57 pm — Replies 5 — Views 310