Need Help Calculating Federal and Pennsylvania Estimated Tax Payments

$10-30 USD

Closed

Posted

almost 8 years ago

$10-30 USD

Paid on delivery

I need help calculating my federal and state estimated taxes for this quarter. For the first quarter's payment, I used the amount that TurboTax provided that complied with safe harbor even though it was much too high. The reason that that amount is too high is because last year I had a better year than I'm having now, so TurboTax's method of calculating using last year's taxes and applying safe harbor and so forth produces estimated tax payment figures that are much too high. I don't want to continue over-paying each quarter, so I need someone to correctly calculate my estimated taxes for this quarter. Also, is there anything to be done about the fact that I overpaid by a substantial amount for the first quarter or do I just have to wait until April to get that money back in the form of a refund? Finally, will the fact that I'm going to be making uneven payments result in more paperwork at the end of the year?

Accounting

Project ID: 10631783

About the project

4 proposals

Remote project

Active 8 yrs ago

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4 freelancers are bidding on average $76 USD for this job

@madhurna

Greetings! I am qualified accountant with nine years of experience in IRS and state tax preparation. Please PM me to discuss the project further. Thank you.

$116 USD in 1 day

4.9

(94 reviews)

7.0

@sumbali

i can create federal and state estimated taxes for this quarter for you contact me and provde me more details

$50 USD in 5 days

4.8

(3 reviews)

3.2

@psk55

A proposal has not yet been provided

$55 USD in 1 day

0.0

(0 reviews)

0.0

@bermolovich

To utilize my experience in accounting and financial analysis to obtain an accounting position, Have experience with both corporations and non- profits. Specialize in start-up operations. EDUCATION Bachelors of Science in Accounting: New York Institute of Technology, Old Westbury, New York, 2010, Presidential Honor List (GPA 3.70): Fall 2009, Fall 2010 Master of Business Administration: New York Institute of Technology, Old Westbury, New York, 2011, high distinction (GPA 3.55) EXPERIENCE • Emanuel Lutheran Church & School (ELC), August 2014 to February 2016 Business Office Manager, Patchogue, New York During my time with ELC, I upgraded the Church’s QuickBook files and implemented a comprehensive billing system. Prepared bi-weekly payroll along with required tax filing. In addition, worked with the vendors and negotiated improve pricing for Church. • Briarcliffe College, January 2012 to June 2013 Adjunct Professor of Accounting, Patchogue, New York, Teaching courses in Accounting, Federal Income Tax and QuickBooks. • Middle Island Accounting & Income Tax Services, January 2011 to Present Chief Executive Officer, Middle Island, New York, As CEO of a small firm, I am responsible for overall operation of the business. The company provides clients with comprehensive accounting and income tax services. • C& B Financial Services 1986-2007 Chief Executive Officer, Middle Island, New York, As CEO of a small firm, was responsible for the overall operation of the business. The compa

$83 USD in 1 day