Recommended Estimate Payments Don't Match Previous Year Tax Liability
The estimated payment amount that is listed on the Client Letter adds up to more than 100% of the prior year tax liability. Any idea why the software suggests more? It isn't a lot more, but the 2019 tax was $311,931, but the Client Letter says to pay in $83,300/quarter or a total of $333,200. Why would it do that?
