AmyC
Expert Alumni

Retirement tax questions

You want to make estimated payments so I am sure you have taxable income. Your answer just popped up. Since you are on Social Security, some of your income is predetermined and you need to adjust for the changes.

The estimated payments start with what you expect your adjusted gross income to be for the year. You can use your current return to help you find a starting point. If you decide to sell stock or a second home, you can adjust as you go in making these payments. I suggest the Tax Withholding Estimator.

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