I plan to convert a Traditional IRA to a Roth IRA in 2019. I am 68 years old. I have been advised to pay Federal Income Tax quarterly on the amount I convert so as to avoid any IRS penalty. Could someone please advise how I can pay quarterly Federal Income Tax via TurboTax? The 2019 TurboTax software is not available until late 2019.
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You can use your 2018 TurboTax software to calculate Estimates for 2019.
To do so, please follow these instructions:
Please comment below if you need further clarification.
You can use your 2018 TurboTax software to calculate Estimates for 2019.
To do so, please follow these instructions:
Please comment below if you need further clarification.
If you prefer to pay your federal estimated taxes online rather than mailing paper checks and printed vouchers, you can do so here: https://www.irs.gov/payments
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