SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: steve harris who wrote (105857)4/15/2000 2:34:00 PM
From: Joe NYC  Read Replies (1) | Respond to of 1572191
 
Steve,

Theading the page you linked:
fairmark.com

For tax year 1999, the prior year safe harbor required a payment of 105% of the prior year's tax (not just 100% of the prior year's tax) if your adjusted gross income for 1998 was over $150,000 ($75,000 if you are married and filed separately). For 2000, the amount is 108.6% of the 1999 tax for people whose 1999 AGI exceeds that amount. This rule doesn't apply to farmers and fishermen.

This is why the politicians deserve to be shot. It's not just the 1,000,000 rules they make, each one needs to have 5 exceptions. These exceptions don't do anything other than make the tax code more complicated, helping tax lawyers and accountant, hurting taxpayers and the whole economy.

Jo