Please see the information in this blog to help you determine how much you should pay in estimated tax payments for the remainder of the year once your spouse retires.
Self-employment income has regular income tax as well as self-employment taxes. There are quarterly payments that can be made to the IRS to pay your taxes as you earn your income. If you do this, the chance of incurring any underpayment penalties is greatly reduced. Typically, you would need to pay either 100% of your prior year total tax or 90% of your current year tax to avoid any of these penalties.
Please see this link from the IRS to assist you in preparing and paying your estimated tax payments.
@ketaml
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