The Tax Cuts and Jobs Act may make paying quarterly estimated tax payments on April 17 a little more complicated. That's because tax law changes may have altered how much you will owe this year vs. last. Luckily, if you make the same or less this year as you did in 2017 you can use the safe harbor option. Go ahead and pay the same amounts you did last year (or 110 percent of last year if you make $150,000 or more).
As always, feel free to pass this Tip along to friends, and reach out if you need help with your personal tax and finance situation.
651 Via Alondra Suite 715
Camarillo, CA 93012
This DiSabatino CPA Quick Tip provides thought invoking information regarding the subject matter at time of publishing. Please call with any questions on how this information may impact your situation. This material may not be published, rewritten or redistributed without permission, except as noted here. All rights reserved.