woolyback
New Member

Do I need to recalculate my estimated taxes to reflect the sale of the home, sold after I had made my 3rd estimated payment?

I have been paying my estimated tax payments at the proper intervals, however after I paid my 3rd one this year I unexpectedly had to sell a second home.   It did sell at a loss but I don't know if I should have to re-calculate my 4th estimated payment to include the sale of the house.