Do I need to make estimated taxes on IRA withdrawals? Can I wait until December to pay when I have a better idea?

pmsrc4003 — Thu, 06 Jun 2019 00:11:21 GMT

First quarter of irs withdrawals. Need to know if i have to make quarterly tax estimates on these withdrawals

You can estimate your 2017 tax obligation to better gage...

PaulaM — Thu, 06 Jun 2019 00:11:23 GMT

You can estimate your 2017 tax obligation to better gage the appropriateness of your estimated tax payments. I would not suggest waiting until the end of the year, because you could still risk underpayment by quarter.

In the desktop version:

Select Other Tax Situations
Scroll to the Form W-4 and estimated taxes section
Select 'No' to the W-4 question to begin creation of your estimated vouchers

You are not required to make estimated payments for 2017 if:

You will pay or expect to pay (through withholding or other) 100% of 2016's taxes paid (110% if AGI is more than $150,000) or 90% of the 2017 taxes due.

https://ttlc.intuit.com/questions/1901110-do-i-need-to-make-estimated-tax-payments-to-the-irs

topic Do I need to make estimated taxes on IRA withdrawals? Can I wait until December to pay when I have a better idea? in Retirement tax questions

Do I need to make estimated taxes on IRA withdrawals? Can I wait until December to pay when I have a better idea?

You can estimate your 2017 tax obligation to better gage...