I am on track to earn about 25% more in 2024 than I did in 2023. TurboTax estimated quarterly payment for 2024 were based on 2023 tax filing, so I'm sure an additional amount will have to be paid on 2024 taxes. Should I start paying an increased amount in the third quarter plus the same increased amount in the fourth quarter or can I wait and pay the additional amount in the fourth quarter in January 2025 without any penalty? Can TurboTax help me calculate a rough estimate of the additional amount I should pay?
