We sold a rental property Aug 2021 and will owe Cap Gains tax. Also withdrew from 401K in 2020 and had 18% Fed tax withheld --the witholding exceeds 100% of last year's AGI.
Is it necessary to make a Q4 ES payment to cover the estimated tax due on capital gain from sale of rental? (still trying to compute cap gain.) Or am I covered per Safe Harbor rules.
Would I absolutely need to fill out form 2210 and annualize to avoid a Penalty for underpayment of estimated tax if I don't make a Q4 payment, or is the 100% of 2020 AGI already paid in, enough at this time.
Also, I might owe some penalty for not paying estimated tax on the sale back in Q3 (about 40 days worth) but not clear on this.