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Estimated tax alternative
I am a retired federal employee with invested savings. This year I had a lot of capitol gains, resulting in a high tax bill and a penalty. TurboTax is suggesting that I pay estimated taxes to prevent this from happening next year. Can I submit a form or somehow increase the amount that is withheld from my pension check each month? I'd rather do that instead of deal with quarterly estimated tax payments. Can I do this through TurboTax?
‎February 18, 2022
9:04 AM