Do I need to pay estimated taxes for capital gains realized from the sale of a mutual fund?

[prbolar]

I also receive a regular paycheck and tax is withheld from the paycheck, but no sure if this matters.

[Mike9241]

if your asking about 2022, we can't tell you because we have no idea of what's on your return and then there could always be law changes.

however,  there are options you can use to avoid penalties

1) pay in with timely estimates and/or through withholding 90% of your 2022 tax. kind of hard since you don't know what this will be or

2) pay in with timely estimates and/or through withholding 100% of your 2021 tax.   the 100% jumps to 110% if your 2021 adjusted gross income is $150,000 or more. 

[fanfare]

Yes, if you have a capital gain you are expected to pay an estimated tax for the quarter in which that sale occurred.