I retired in Sept 2024 (63 yo) and started pension. I started receiving SS in June 2025. To date I have not had any withholding from either of these sources. My wife retired from her job July 2025 and had Fed taxes withheld.
Ideally would like to find a CPA or tax planner to assist with this moving forward, however, I am having difficulties locating a local professional. Is this an option with TT Live assist?
While I still have some time, should I change withholding on either or both to avoid potential penalty? I can't seem to find a withholding calculator within TT or on the Intuit page(s) for 2025.
Much appreciated,
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While this calculator is for 2024 and doesn’t incorporate all recent tax law changes it will give you an idea of how much to withhold.
https://turbotax.intuit.com/tax-tools/calculators/w4/
BSCH4477,
Thank you for the reply. I did find the 2024 calculator and as you said, doesn't have the new tax details - which is what I was hoping to accomplish at least for this year.
Have a great remainder of your day,
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