Hello,
One of my relatives is a retired senior, living on her social security only. Her income tax payment has always been closing to none. Last year she withdrew her IRA and bought a very small one-bed condo. She received 1099-R and TurboTax calculated her tax return for 2021 is $16,000 and her ES for each quarter of 2022 is $4000. She cannot afford that payment. What does she do? What about $4000 ES? She surely won’t have that income in 2022. How to eliminate ES? Many thanks for any help.
