Update, rental property sold and closed in 30 days! Just to make sure I understood correctly, my 2024 tax liability (Line 24 of 1040SR) is $6,500 so if I make estimated payments totaling $10K - I will definitely not face an underpayment penalty? My only concern is underpayment - paying a large sum on my 2025 return is expected.
Again, many thanks for the great assistance!
