You should consider the item here and in Publication 553, Highlights of 1998 Tax Changes when you figure your estimated tax or how much income tax you want withheld from your pay for 1999.

Estimated tax safe harbor for higher income taxpayers. For installment payments for tax years beginning in 1999, the estimated tax safe harbor for higher income individuals (other than farmers and fishermen) has been modified. If your 1998 adjusted gross income was more than $150,000 ($75,000 if you are married filing a separate return for 1999), you will have to deposit the smaller of 90% of your expected tax for 1999 or 105% (up from 100%) of the tax shown on your 1998 return to avoid an estimated tax penalty (provided your 1998 return covered all 12 months).

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