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Get your taxes done using TurboTax
Thanks for the response. Yes that makes sense.
If working a W2 providing job, how does the IRS calculate the tax burden for each quarter? Is this automatically calculated by turbotax?
If I realize that I will not be able to meet the 100% of last year tax burden requirement, is it still worth paying some estimated tax just in Q4 so that I at least will not have a penalty for this quarter?
‎November 1, 2023
7:27 PM