Year-End Tax Planning

Written By Liz Patel

We can provide you your plan and let you know your estimated tax due in April and if you have covered your safe harbor. If not, you may need to make a federal/state estimated payment by 1/15/24.

Here are some items we are looking for:

1. Most recent paystubs for W-2 income

2. Estimate of investment income for the year

3. Estimate of net business income for 2023 (income less expenses) ONLY IF A SCH C OR E

4. Any major changes in mortgage interest or charitable donations compared to 2023. If so, please provide estimates of these amounts.

Please upload the items listed to your 2023 Sharefile folder at your convenience: https://sharpepatelpllc.sharefile.com/dashboard

Liz Patel
Previous

S-Corporation Shareholder Health Insurance should be on your W-2
Next

Differentiating The Level of Services