Federal Inputs
Prior year federal tax liability$0
Prior year AGI$0
110% rule applies (AGI > $150,000)?No
90% of current year estimated tax$0
100% / 110% of prior year tax$0
Safe Harbor Amount (90% Rule)
$0
90% of current year estimated tax - IRC Sec. 6654(d)(1)(B)(i)
Safe Harbor Amount (Prior Year Rule)
$0
100% of prior year tax - IRC Sec. 6654(d)(1)(B)(ii)
Use This Safe Harbor Amount
$0
Lower of the two amounts (pay this to avoid underpayment penalty)
Per Quarter Payment
$0
Annual safe harbor / 4 equal installments
110% Rule: If your prior year federal AGI exceeded $150,000 ($75,000 if MFS), the prior year safe harbor increases from 100% to 110% of prior year tax. This is the most commonly missed federal estimated tax rule. - IRC Sec. 6654(d)(1)(B)(ii).
Federal Quarterly Payment Schedule
Federal estimated tax payments are due April 15, June 15, September 15, and January 15 of the following year. If the due date falls on a weekend or holiday, it shifts to the next business day. Payments are made via IRS Direct Pay, EFTPS, or with Form 1040-ES. - IRC Sec. 6654(c).