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Level 2
April 2, 2024
Question

2024 estimated tax payments

  • April 2, 2024
  • 1 reply
  • 7 views

First, can I set up 2024 ES payments to be deducted from my client;s account during 2024.   

Second, can I set them up but have the ability to vary the deposited amounts based on changes during the year?

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1 reply

sjrcpa
Level 15
April 2, 2024

Through Lacerte they can only be set up with the filing of the tax return.

Once filed, the estimates cannot be changed. A payment can be stopped by calling IRS.

The more I know the more I don’t know.