can i avoid paying estimated taxes when 2015 AGI higher Hello, Can I avoid paying estimated taxes should I insure that I pay taxes equal to or greater of 100% of tax liability of the last year (110% when married and filing jointly) by the end of this year by increasing my withholding with my employer? Asking this question as we sold some rental property this year and the gains from that are increasing our AGI of 2015 higher comapred to that for 2014. Just want to make sure that there will not be any underpayment penalty when I file my taxes next year. Thanks. |