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You have to prepay in the USA as well based on previous year taxes. It’s called making safe harbor, and there are penalties if you don’t.
by anonfornoreason 6y ago
You have to prepay in the USA as well based on previous year taxes. It’s called making safe harbor, and there are penalties if you don’t.
- nottorp 6y agoSo if your income drops compared to last year, you're screwed two ways in the US as well? For example, if you lost student renters due to Covid and remote learning.