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?