Selling rental home Oct 2018 & have $20,000 in capital gains. Do I pay est taxes in Nov and Dec or total in April 2019? Will I be penalized for having that much tax?

tjsaint · ‎June 7, 2019

We will close at the end of October.

It is long term gain estimated at $20,000.

If I have to pay in Nov and Dec, how do I estimate how much to pay?

Thank you!

Selling rental home Oct 2018 &amp; have $20,000 in capital gains. Do I pay est taxes in Nov and Dec or total in April 2019? Will I be penalized for having that much tax?