I am retiring at the end of 2024 and won't have earned income/wages starting in 2025. I have been paying quarterly estimated tax payments, and when I file my 2024 taxes I'm sure I'll be sent a list of 4 tax payment dates for 2025. How do I inform the IRS that I won't need to be paying these quarterly payments in 2025? Will I be penalized if I can't inform them, and they don't receive quarterly payments from me?
