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Reply to "Under withholding- anyone else have this problem?"
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[quote=Anonymous]My business exploded last year and we owe multiple hundreds of thousands more than we paid in estimated taxes during 2025. You already know this is an issue for you so (1) pay 110% estimated taxes based on any income beyond standard W2 wages and (2) segregate out 35% of your bonus/investment income into a separate account. The safe harbor protects you from penalties and the separate account protects you from the mental heartache of extra taxes come April. [/quote]
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