About this Course
Topics covered include:
Estimated Tax Basics;
Installment Payments;
Overpayment of the Estimated Tax;
Payment Options;
Figuring Penalties and Avoiding Them;
Form 2210;
Special Rules for Farmers and Fishermen;
Planning Strategies;
Withholding.
Upon completing this course, you should be able to:
Describe the type of individuals who may have to pay estimated taxes and what these taxes cover;
Identify the safe harbors for avoiding estimated tax penalties;
Explain the various strategies that can be used to avoid the need to make estimated tax payments.