Not enough has been taken out from several kids and no taxes were taken out for SSA.
yes made more than standard deduction for last year.
will pay lump sum to IRS for what is owed for 2024 but the initial question was how to combat the current situation right now. I know I will have to update my W4P to add a additional amount that and was told by a tax rep that that would be the easiest way to do it and quickest way of knowing what needs to be taken out each month. Then at end of next year review w4p to see if over estimate or possible decrease the amount . Don’t want to owe!
