Dear friends at TurboTax,
TurboTax 2023 Deluxe desktop version determined that my family may need to pay estimated tax in the year of 2024 and printed me four vouchers. I did not use those vouchers to pay estimated tax because 1) I know that my wife and me will be selling a big portion of my investment, which will incur more tax (long and short term investment gains); and 2) there is a significant increase in my salary in 2024. Instead, both myself and my wife have updated W2 form to withhold more tax.
Fast forward, my wife and me sold a big portion of my investment in July, and if we need to pay estimated tax, it's my impression that we should pay it before September 15th.
My wife and I were wondering if the TurboTax 2023 Deluxe desktop version can help 1) determine if we do need to pay estimated tax for the annual tax return in 2024; and if we do, 2) calculate how much we shall pay and possibly generate voucher or just let me set up payments the way we pay yearly federal tax return.
If TurboTax 2023 Deluxe desktop version cannot do any of these, could you please let me know how I can do it by myself?
Thanks a lot!
