Is there a specific rule that I must obey to know how much I'm supposed to pay? Sort of, see below.
Can I just make some random guess, let's say pay the IRS $1000 every quarter? You should aim to pay either as much tax as you did the year before, or to come within $1,000 of what your final tax bill will be.
If I end up paying too much, will I get a refund next year when I file 2024 return? No, you will get a refund as part of the 2023 processing.
How do I report quarterly payments in Turbotax online? Go to Payments. If you look around a bit, you'll see that you can make quarterly payments here online.
I've never done this in my life so I don't even know how to pay the IRS other than through (paycheck) tax withholding. So if I decide to pay them quarterly payments for tax year 2024, how do I do that? See the answer above.
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