JohnB5677
Expert Alumni

Get your taxes done using TurboTax

Yes, you would be wise to make the estimated payments.

 

Open Tax Tools

  1. On the drop-down select Tools
  2. There will be 4 green boxes
  3. Select Topics Search
  4. Type the Estimated taxes paid for next year
  5. The first screen will be Enter Your 2024 W-2 Wage Information
  6. Answer the questions and enter amount.
  7. You will come to Enter 2024 Other Income
  8. Follow the interview and enter income & deductions.
  9. You will come to Other Income
  10. Put the $50K in here.

TurboTax will guide you through the mailing process for your 1040-ES estimated payments.

Or you can setup an account and pat directly to the IRS Direct Pay With Bank Account

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