How does TurboTax make 1040-ES vouchers that account for the majority of my income in Q1? It appears I need Form 2210 Schedule AI for 2025? (No withholding to adjust.)
An example to illustrate my case. 2024 AGI $160,000. 2024 federal tax $40,000. Safe harbor estimated federal tax to pay in 2025 is 110% of $40,000 or $44,000.
This would normally mean $11,000 each quarter.
However, assume 2025 AGI is also $160,000 but $150,000 of it is earned in Q1 2025 as a capital gain.
Can the 2025 1040-ES for each quarter still be $11,000? Or does the Q1 1040-ES need to be something like $34,000 with Q2, Q3, Q4 each being $2,000. (Or similar Q1 weighted.)
If the larger Q1 is required, how do I have TurboTax Desktop calculate and print the unequal 1040-ES vouchers?
