Hi there,
I have some long term stock positions but plan to sell them to preserve value given the current situation.
While the taxable gains could be large, am I right that so long as I make sure the federal withholding from salaries is over 110% of my 2024 federal tax, I do not need to make any quarterly payment during 2025? So I can pay with my 2025 filing in 2026, to earn myself more interest.
For my state (NJ), seems that I must make the quarterly estimated payment.
Thank you very much.
