Scott B. Price, CPA

Estimated Payments

January 5, 2009

The California legislature enacted a change to the estimated tax payments procedure which now requires that first two estimated tax payments in 2009 for individuals and corporations equal 30% of their safe harbor estimated tax payment and the remaining two payments be 20% of the safe harbor amount.

We will provide you guidance in the filing instructions for your tax return or separate estimated payments on how to comply with these new requirements if they are applicable to your situation.