I expect to overpay into my social security withholdings due to a job change. Will that overpayment count towards the 90% of current liabilities safe harbor amount?
Social Security overpayment apply to safe harbor?
byu/olipolimola intax
Posted by olipolimola
1 Comment
Yes, and it counts as withholding (applied equally to all 4 due dates, penalty waived entirely if balance after withholding < $1,000).