olahimauiice
Returning Member

Large Long Term Capital Gains in 2022 - How do I know if I'll be subject to a penalty?

In 2022 I made some sales and managed to rack up a large number in Long Term Capital Gains (LTCG)

 

I have done my best to offset the gains with other long term and short term losses.

 

While filing taxes in April 2023 for Tax Year 2022 I want to make sure I don't have to pay a penalty

 

How do I use TurboTax to generate estimated taxes given my LTCG for 2022 and do it before the end of the year. Also how do I tell if my LTCG will trigger a penalty?