David, Thanks for your quick response. I have always had W-2 income so I didn't realize I would need to make estimated tax payments and I would not have been able to figure out the amount due without preparing the return. What a pain! So I have to review monthly account statements for the interest income for each period? So much work and such complicated forms. While I will be including the rental income for each period (not exactly quarterly, the period end is 3/31, 5/31 and 8/31), it looks like I cannot include rental expenses as deductions because I'm not eligible to use Form 8995 for QBI deductions. Does that make sense? Also, just double checking, for each period, the income entered is cumulative (say I have $2000 from 1/1-3/31, then $1000 from 4/1-5/31, I would enter $3000 for 1/1-5/31). am I correct? Finally, some numbers were generated for me and I don't understand what they are or if they are correct. For example, part II, annualized self-employment tax, several lines were filled in. Does that mean self-employment tax was being calculated and charged even though I didn't have self-employment income? On the capital gains tax worksheet, I have a large amount of "uncaptured section 1250 gain" and I have no idea where it came from!
Lots of questions. Thanks so much for your patience.
