ASK： I already paid the estimated tax which is 110% of last year's tax. Do I have to pay extra estimated tax now for large capital gain this year?
REPLY：
If you've already paid estimated taxes that amount to 110% of your prior year's tax liability, you likely meet the IRS safe harbor rule for avoiding penalties, even if you owe additional tax this year due to a large capital gain. Here's how it works:
Safe Harbor Rules
110% of Last Year’s Tax Liability: If your adjusted gross income (AGI) in the prior year exceeded $150,000 (or $75,000 for married filing separately), paying 110% of your prior year's total tax liability as estimated tax generally shields you from penalties.
If your AGI was $150,000 or below, the threshold is 100%.
90% of Current Year’s Tax Liability: If you've paid at least 90% of your current year's tax liability through withholding and estimated payments, you're also protected from penalties.
Do You Need to Pay Extra Now?
If you've already satisfied the 110% safe harbor, you are not required to make an additional estimated tax payment to avoid penalties, even if you owe more due to a capital gain. However, you will still need to pay the balance of any taxes owed when filing your return by April 15, 2025.
Considerations Interest on the Balance: While meeting the safe harbor protects you from penalties, the IRS may charge interest on any unpaid taxes starting from April 16, 2025, if the balance remains unpaid after that date. Cash Flow: If you prefer not to owe a large balance when filing, you might choose to make an additional estimated tax payment by January 15, 2025.
Instead of paying quarterly Can I pay the total estimated tax for year 2024 on January 2025? Is there any penalty?
No, you cannot pay your total estimated tax for the entire year of 2024 all at once in January 2025 without potential penalties. The IRS generally requires estimated tax payments to be made on a quarterly basis throughout the year (April, June, September, and January for the following year).
If you miss these quarterly deadlines and don't pay on time, you may be subject to penalties for underpayment, even if you ultimately pay the full amount in January 2025. The IRS calculates penalties based on the amount of tax due and how late the payment is, and they can apply interest and charges for any underpayment during the year.
However, there are exceptions to penalties if your total tax due is below a certain threshold or if you paid withholding that covered your estimated payments. It’s a good idea to check the IRS Form 2210 (Underpayment of Estimated Tax) or consult a tax professional to see if you qualify for any exceptions or safe harbor provisions.
如果今年你已经按计划预交了去年联邦税的110%， 那么就不需要再额外预交联邦税了。等到明年4月15号报税截止日前交就可以了。
下面是CHATGPT的回复
ASK： I already paid the estimated tax which is 110% of last year's tax. Do I have to pay extra estimated tax now for large capital gain this year?
REPLY：
If you've already paid estimated taxes that amount to 110% of your prior year's tax liability, you likely meet the IRS safe harbor rule for avoiding penalties, even if you owe additional tax this year due to a large capital gain. Here's how it works:
Safe Harbor Rules110% of Last Year’s Tax Liability: If your adjusted gross income (AGI) in the prior year exceeded $150,000 (or $75,000 for married filing separately), paying 110% of your prior year's total tax liability as estimated tax generally shields you from penalties.
If your AGI was $150,000 or below, the threshold is 100%.
90% of Current Year’s Tax Liability: If you've paid at least 90% of your current year's tax liability through withholding and estimated payments, you're also protected from penalties.
Do You Need to Pay Extra Now?If you've already satisfied the 110% safe harbor, you are not required to make an additional estimated tax payment to avoid penalties, even if you owe more due to a capital gain. However, you will still need to pay the balance of any taxes owed when filing your return by April 15, 2025.
Considerations Interest on the Balance: While meeting the safe harbor protects you from penalties, the IRS may charge interest on any unpaid taxes starting from April 16, 2025, if the balance remains unpaid after that date. Cash Flow: If you prefer not to owe a large balance when filing, you might choose to make an additional estimated tax payment by January 15, 2025.今年要交罚款了。
适用于今年比去年炒股多赚了好多，那么今年就可能交很多税，那么预交税达到去年的110%就可以了。
那时算出的税钱一起交吧？
比如交10万，那就加上预交的11万，共21万一次性缴，对吗？
税年？
不是的话那不就是按每季度缴吗？
意思，我说得有点乱。
Instead of paying quarterly Can I pay the total estimated tax for year 2024 on January 2025? Is there any penalty?
No, you cannot pay your total estimated tax for the entire year of 2024 all at once in January 2025 without potential penalties. The IRS generally requires estimated tax payments to be made on a quarterly basis throughout the year (April, June, September, and January for the following year).
If you miss these quarterly deadlines and don't pay on time, you may be subject to penalties for underpayment, even if you ultimately pay the full amount in January 2025. The IRS calculates penalties based on the amount of tax due and how late the payment is, and they can apply interest and charges for any underpayment during the year.
However, there are exceptions to penalties if your total tax due is below a certain threshold or if you paid withholding that covered your estimated payments. It’s a good idea to check the IRS Form 2210 (Underpayment of Estimated Tax) or consult a tax professional to see if you qualify for any exceptions or safe harbor provisions.
有时会多有时会少，过后补缴或退税。
知道这个就好办许多了。
是不是得敲会计脑袋了啊……LoL
再次感谢。
但是IRS可能会要收你欠税利息。这是按照楼主提到的今年开始的新规定。
2024年4月份一次性全缴了，并没有欠税啊。
谢谢progressive.
如果给24年报税时你会要补交税给IRS，你可能会有欠税利息。
如果给24年报税时是IRS退税给你，你应该没有欠税利息了。