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Quarterly taxes and lower income
I had a great income level at my job in 2022--so much so that I ended up owing and need to pay quarterly taxes this year.
Unfortunately, I was laid off in January and my income will be substantially less. (Still not working.) Those quarterly payments are big. Is there a way to "rebalance" this given that my income will likely be half or less of what I made last year?
May 24, 2023
11:55 AM