Justin du Coeur (jducoeur) wrote,
Justin du Coeur
jducoeur

Okay, no crisis on estimated taxes

No resolution yet on the job front, and it's D-day, so I sat down and actually went through the estimated tax worksheet.

As some folks had expected, it turned out to be a non-issue. The IRS threshhold is that we need to be withholding at least 110% of last year's taxes; in practice, even if I continue consulting and we only have msmemory's withholding, we're still *way* over that. (Last year's tax was quite modest, since I wasn't bringing in any income.)

So a small yay -- no April 15th hassle for me, and I can leave the money set aside for taxes in the bank for the time being, gathering at least a teeny-tiny bit of interest for us...
Tags: diary
Subscribe

  • Ideas for fighting Fake News

    [I'm mostly just posting links over in Facebook, but my more technical friends tend to be over here.] Here is a really excellent collection of…

  • Damn

    *Sigh*. I was sure this was possible, and was thinking for the past two weeks that it was starting to feel likely, but was really hoping otherwise. I…

  • Time to change the name of the meme?

    From cnn.com today: 'Trump went on to again attack women who have accused him of sexual assault or misconduct, saying, "every woman lied when they…

  • Post a new comment

    Error

    Anonymous comments are disabled in this journal

    switch
    default userpic

    Your reply will be screened

    Your IP address will be recorded 

    Help
  • 1 comment