Great question and very complicated. To answer your question Turbo Tax will allow you choose the Annualized Income method. You need to go to Other Tax Situations/ Additional Tax Payments/ Underpayment penalties/Continue/NO if not Farmers & Fishermen/2022 Filing Status/2022 Tax Liability/2021 Adjusted Gross Income/Annualized Income Method (YES).
For your Net long-term capital gains that you received depends on your income since it will be tax at a different rate (0%, 15%, or 20%). You can find more at https://www.irs.gov/taxtopics/tc409
**Say "Thanks" by clicking the thumbs up icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
