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Sold a mutual fund this year and made a 10K capital gain. How do I send my tax payment to the IRS for this?

Always been a W2 employee and my paycheck withholdings have always been sufficient to cover my tax liability.  New territory for me.
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DoninGA
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Sold a mutual fund this year and made a 10K capital gain. How do I send my tax payment to the IRS for this?

You can make a 2023 estimated tax payment on the IRS payment website using Direct Pay - https://www.irs.gov/payments

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3 Replies
DoninGA
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Sold a mutual fund this year and made a 10K capital gain. How do I send my tax payment to the IRS for this?

You can make a 2023 estimated tax payment on the IRS payment website using Direct Pay - https://www.irs.gov/payments

Sold a mutual fund this year and made a 10K capital gain. How do I send my tax payment to the IRS for this?

Thank you. Seems easy enough. Do you know if Turbo Tax has an Tax Calculator for 2023 yet? 

Sold a mutual fund this year and made a 10K capital gain. How do I send my tax payment to the IRS for this?


@bswilliston wrote:

Thank you. Seems easy enough. Do you know if Turbo Tax has an Tax Calculator for 2023 yet? 


No the 2023 calculator is not yet available.  The TaxCaster calculator is still only for 2022 - https://turbotax.intuit.com/tax-tools/calculators/taxcaster/

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