Hello,
We are retired and receive SS with 22% tax withholding. So far we have received SS benefits for Jan - Mar, 2025.
We also expect to take IRA RMDs which are set up for 22% withholding. The RMDs will likely be done later in the year. Other than than, we have 1099-INT and 1099-DIV income also expected at end of the year, with no withholding. We are estimating all income except SS (which is not estimated) will be roughly the same as 2024.
How to figure quarterly payments that are evenly - or close to evenly - spread across quarters, based on this information, to avoid penalty?
Thanks
