Our accountant told us to make the 1040ES payments for 2017 at the same rate we normally do.
I don't think this would apply however if you know in advance you're gonna have another extraordinarily high income year.
>>I don’t think this would apply however if you know in advance you’re gonna have another extraordinarily high income year.<<
You can’t “know” any such thing for a normal privately owned company.
The Feds won’t hit you with anything if you made more than the last year, but they MIGHT ask for quarterly filings in the future.
Interestingly, the feds have NOT asked me to start quarterly filings despite a pretty massive income increase (and commensurate tax bill/payment) last year. But I keep a separate account for it anyway.
That is an idea. No, I won’t have another extraordinarily high year (unless perhaps DC gets down to some really hardcore DOD retooling). I will look into that, thanks. Those were only at the $2k/quarter level for me this past year, so no biggie if i can just remember to make them all...