Get your taxes done using TurboTax

Thanks @dmertz 

 

So to to make sure I understand, if my first 3 estimated payments were each less than 25% of my total tax liability for the year, I can take the withdraw from my IRA and specify a withholding amount that will make up for the underpayment of estimated taxes, such that the withheld amount plus the estimated taxes cover my total tax owed? 

 

When I make the large withdraw to cover the unexpected expenses in my first post above, I will have the custodian withhold enough tax to not only cover the withdraw but also make up for the shortfall of the estimated taxes, and the IRS will automatically spread the withholding over the entire year? 

 

No need to get into 2025, as all of this will take place in 2024. 

 

Also I'm still wondering if TT online basic covers the CA state 5805 along with the 2210 should it ever be needed.

 

Thanks in advance!