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Get your taxes done using TurboTax
Thank you for your response.
I am able to annualize my income (as suggested above). The problem I am having is annualizing "Other taxes" coming from Medicare tax adjustments, "Other Credits" from Additional Childcare Credit+Foreign Tax Credit and "Deduction for Qualified Business Income" coming from REIT dividends. There is one number for these items that covers the full year. Is there a rationale to split these across the three time ranges (1/1-3/31, 1/1-5/31, 1/1-8/31)?
March 24, 2025
11:44 AM