Where on TurboTax online can I do a 2024 q4 federal estimated tax calculation (due Jan 15, 2025) based on my year-to-date 2024 income and expected rest-of-2024 income?

[DoninGA]

The TurboTax online editions for tax year 2024 will only calculate 2025 estimated taxes.

You can use the TurboTax calculator, TaxCaster, to get an estimate of taxes owed or a tax refund for 2024 - https://turbotax.intuit.com/tax-tools/calculators/taxcaster/

[tmjmzz]

Thanks much DoninGA.

The link looks to be outside of my need to sign into my Turbo account.

I went through the questions but had an issue with the Gains/Losses (long-term). 

I have a large long-term capital gain that is larger than the maximum allowed amount for this field of  $1,000,000. 

Is there a work around for this or am I out of luck?

Thanks again.

[DoninGA]

@tmjmzz You can try this calculator which allows LTCG of greater than $1M - https://www.taxact.com/tools/tax-calculator

[tmjmzz]

Thanks much for the alternative site.

I wonder why TurboTax puts a cap on the maximum LTCG for their estimated tax calc.

I have a call with a TurboTax Expert on Monday afternoon. I'll ask then why?

[tmjmzz]

I had a call with a TurboTax tax expert yesterday and the TaxCaster only allows for LT capital gains of up to $1,000,000. There is no workaround.

So will use the TaxAct.com online calculator that you mentioned.

Thanks for that suggestion.