topic RMD estimated taxes in Retirement tax questions

RMD estimated taxes

Dawgmamala — Thu, 20 Feb 2025 19:22:02 GMT

I want to pay quarterly estimated taxes on my RMD to IRS so I dont have to owe a large amount each year. I am elderly and to change the withholding percent through the company requires completing a 16 page form which is too complicated for me. How do I, and can I, make quarterly payments to IRS.

Re: RMD estimated taxes

JohnB5677 — Tue, 25 Feb 2025 17:10:55 GMT

We can do all of this in TurboTax,

Please be patient, it may be a lot of blank screens, but not a 16 page document.

Under Federal

Other Tax Situations
Scroll to Other Tax Forms
A drop down will show Form W-4 and Estimated Taxes [Start] or [Revisit]
Adjust How Much Tax You Pay [Yes]
Select Your 2025 Filing Status
Continue through Wages and Dependents to
Enter 2025 Other Income Post your retirement income here
Continue the interview to the end
You will be able to print the Vouchers.

You can use the IRS link Direct Pay

It is a free IRS service that lets you make tax payments online directly from your bank account to the IRS.

Direct Pay lets you pay the IRS directly.

Re: RMD estimated taxes

fanfare — Tue, 25 Feb 2025 17:26:30 GMT

"Direct Pay lets you pay the IRS directly."

Direct Pay is not withholding.

@Dawgmamala