We have HH government savings bonds which will mature in May of this year (2024). We'll be receiving payment on those bonds and will have to pay federal income tax on the deferred interest, which is quite a large amount. Should we pay quarterly estimated taxes on the deferred interest beginning with April of this year, even though we won't receive the bond cash-out until the middle of the year? And is there anything we need to send to the IRS indicating that we'll be making quarterly payments or do we just begin making the payments on their website? Is there a way in TT 2023 to estimate what those payments might be, or do we just use the 1040ES worksheet?
