dkh
Level 15
07-12-2020
12:43 AM
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Use the clients 2019 tax return to prepare 2020 estimated tax payments. You can find the Estimated tax worksheet in forms list. You may benefit from reading the IRS instructions https://www.irs.gov/pub/irs-pdf/f1040es.pdf. Taxpayer can be subject to penalties on 2020 return if estimates are required and underpaid.