- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Estimated taxes question
I got laid off at the end of last year. This year I have a small amount of unemployment, but I requested that taxes be witheld. That said I do have interest from multiple bank accounts and some iI also have interest from multiple bank accounts and dividends. I found out after I filed turbotax last year that I paid a penalty for estimated taxes, etc for Q1 24 (which was odd as I was doing '23 taxes). In any case I tried the tax estimator tool online and no luck because I am currently unemployed it doesn't work for me. Is there a simple method to estimate my tax on income from interest etc. for the quarter and pay so I am not paying the gov some exhorbitant interest rate (I think it is 8%) for overdue tax? Thanks for your help!
‎June 10, 2024
2:45 PM