JQ6
Level 3

Get your taxes done using TurboTax

@baldietax & @fanfare 

 

Thank you so much for clarity and validating my assessment. As mentioned, my 2025 tax liability will be much higher than my 2024 taxes and I didn't want to make any estimate payment for '25 taxes until the filling date next April, and at the same time didn't want to incur any penalty on that.

 

So as @fanfare summarized..  "estimate on prior year's tax , or 90% of this year's tax, whichever is smaller".

 

Thank you both, do very much appreciate.