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@Mark466 - I understand being hesitant. The taxable portion of Social Security benefits range from 0% up to 85% depending on your income from sources outside of Social Security. You can use this IRS worksheet to help determine how much of your Social Security may be taxable: A Quick Way To Check if Your Benefits May Be Taxable
You definitely need to include at least an estimated Social Security amount when you do the calculators mentioned in my original response. Omitting Social Security would impact the result from the calculator.
TurboTax has several tax calculators and money-saving tax tools available. As tax year 2024 has just ended not all the calculators have been updated yet for tax year 2025.
2024-2025 tax calculators and money-saving tax tools
Other helpful links:
Do I need to make estimated tax payments to the IRS?
Can TurboTax calculate next year's federal estimated taxes?
How to Estimate Federal Withholding
This didn't include my Social Security Benefits, only the amount from my employer. If I can trust this then I'll owe $0 which is great. However I am suspicious and do not want to have any penalties or interest, if possible.
@Mark466 - I understand being hesitant. The taxable portion of Social Security benefits range from 0% up to 85% depending on your income from sources outside of Social Security. You can use this IRS worksheet to help determine how much of your Social Security may be taxable: A Quick Way To Check if Your Benefits May Be Taxable
You definitely need to include at least an estimated Social Security amount when you do the calculators mentioned in my original response. Omitting Social Security would impact the result from the calculator.
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