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Get your taxes done using TurboTax
Thanks for the feedback.
The form shows "Required Installment" as the same for each quarter. As far as Payments, here are some general numbers....
Q1: Required Installment: $13464. Underpayment, $245. Payments: 4/15/22: $13,219. 6/15/22: $245. I owed interest on the $245that was paid on 6/15/22.
Q2: Required installment: $13464. Underpayment, $490. Payment 6/15/22: $12974. 9/15/22: $490. 9/15/22: $490. (Two separate payments on 9/15/22) I owe a penalty on each of the two payments of $490.
Q3 and Q4 are similar...
I guess TT took what I owed and paid and just divided by 4. My income was lumpy so maybe it should have been adjusted... I didn't make any prepayments so not sure where the payment dates are coming from...