I'm closing my business at the end of March, moving out of state and starting over in another state. I anticipate my income for 2025 being extremely low especially with the significant expenses involved to do so. After putting the relevant information into the software as well as applying my full 2024 refund to my 2025 taxes, it declares that I will not owe estimated taxes in 2025. However, when I submit it for review, it tells me I do not have to pay anything for April but beginning in June (the 2nd quarter) that I actually do have to pay estimated taxes of over $2,000 a quarter even though I estimate my actual income after expenses to only be $10,000.
