where do i get info about "Safe Harbor" i prepare taxes but am not familiar enough with this.
2007-04-23 08:58:19 · 4 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
The term safe harbor - refers to a few things with regard to taxes - As it can also refer to rules governing hardship distributions and certain types of retirement plans.
Do a search on the irs' website www.irs.gov
If all else fails - call the irs 800 829 1040
hth
2007-04-23 10:49:27 · answer #1 · answered by FrankieM 2 · 0⤊ 0⤋
Trying searching 1040es instructions on the IRS gov website. If you are an indvidual, safe harbor in a nutshell is paying 100% of your prior year's taxes to avoid underpayment penalties.
2007-04-23 10:16:23 · answer #2 · answered by Parisha 2 · 0⤊ 0⤋
If you are referring to the penalty for under withholding, see page 62 of the 1040 instructions.
2007-04-23 13:02:07 · answer #3 · answered by STEVEN F 7 · 0⤊ 0⤋
are you trying to calculate estimated tax payments?
check this out:
http://ria.thomson.com/taxwatch/default.asp
2007-04-23 12:28:26 · answer #4 · answered by Jennybobenny 4 · 0⤊ 0⤋