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Easier Way to Do Estimated Taxes
I use TT and have not had to pay estimated taxes. Single, fixed income, 15% bracket. I now have a windfall taxable interest income added in '24 of up to $5k quarterly, no withholding. May I just pay 15% x $5k quarterly to the IRS without having to insert all the estimates and info into the TT estimated taxes routine? Or can I safely wait until I do my TT23 return, which will be Apr24 after the first quarter? Thank you.
‎February 11, 2024
11:51 AM