I tried the TurboTax way of estimating my 2025 taxes, and it stated that I would not owe any estimated taxes. I gave TT the same income as this year (minus the capital gains), even though our income will probably be less this year.
However, as mentioned in my last post:
From the 3/31 paycheck, if I add my salary + income from RSUs, I get a number. If I take 35% of this number, I find it is much higher than the Fed Income Tax that has been withheld YTD.
I would estimate that I should pay this difference as my 4/15 estimated tax.
Is there something wrong with this method of estimating? Since we are vesting RSU's quarterly, this is being added to our income, and only 22% is being taken out. (I am estimating we will be at 35% withholding).
Can someone explain a good way to estimate my taxes by the 90% rule, and explain why my method will not work? Thank you!
Tagging @PatriciaV and @JohnB5677 as they have helped me in the past.
