Retiring soon

[carolsmith10193]

My husband and I are planning to retire in 2021.  We have several pensions, 2 roth iras & 2 - 401ks.

He will be 62 and taking Social Security.  I will be 60 and waiting until 62 to take SS. Does Turbo tax have a tax planning program that we can put in our estimated withdrawals and SS amounts, to calculate how much tax we need to have withheld or make in quarterly payments?

[HelenC12]

Here are some tax planning options:

1. Use the TurboTax Taxcaster.
2. If you use the TurboTax CD\Download version, you could create various tax scenarios to forecast your estimated income tax(es). Just "save as" under a new file name. 
3. If you use the TurboTax Online version, create a new account (or several, it's free unless you file) and create various tax scenarios to forecast your estimated income tax(es). See How do I start another return in TurboTax Online?