@OxanaD wrote:
Thank you so much!!!And how would mom pay her quarterly taxes?What form is that?
If she is required to pay taxes at all (depends on her other income and filing status) she can make quarterly estimated payments at www.irs.gov/payments. She can do a credit card payment or checking account debit, she can even schedule payments in advance. Be sure to use "2024 estimated tax payment" as the reason from the pull-down menu.
If she needs help figuring what her tax payment should be, she can use form 1040-ES
https://www.irs.gov/forms-pubs/about-form-1040-es
or she can use the tax estimator here.
TaxCaster tax calculator
Either way, she does not need to send any forms to the IRS for the estimated payments if she pays online, it will automatically be credited to her account via her SSN.
