TurboTax calculated my 2022 estimated tax payments based on 100% of my 2021 tax paid. I made the first 3 quarterly payments per plan. In June I decided to go ahead with starting my social security payments. It took a while to get it sorted, but in Oct I received the payments for July-Sept and subsequent payments. As a result, my 2022 total income is quite a bit higher than 2021.
The 4th quarterly estimated tax payment is due on Jan 17. Should I adjust the payment to more accurately reflect the increased income?
Thanks.
