Get your taxes done using TurboTax

you may be able to avoid having to pay estimates by increasing your withholding for 2024, if possible.

to avoid penalties for not prepaying enough taxes on a timely basis. here are the basic rules.

if you elect not to pay estimates then to avoid penalties your 2024 withholding must equal the lesser of these 2 amounts.

1) 90% of your 2024  federal tax

2) 100% of your 2023 federal tax ( it's 110% if your 2023 Adjusted Gross Income is $150,000 or more)