https://ttlc.intuit.com/community/self-employed-group/discussion/re-estimated-taxes/01/3313257#M14217 <P>You also have the option of making only the first two of the payments, which might be the solution for your situation.&nbsp;</P> Tue, 09 Apr 2024 03:19:26 GMT KrisD15 2024-04-09T03:19:26Z https://ttlc.intuit.com/community/self-employed-group/discussion/estimated-taxes/01/3313247#M14216 <P>My wife is retiring and shutting down her business halfway through 2024, and I'm at loss how to calculate her estimated taxes. Using 2023 tax info would result in a large overpayment. Changing the 2024 estimated income in the TurboTax worksheet to our best guess results in a ridiculously low number which would almost certainly be an underpayment. They should be about half the estimates we paid in 2023...</P><P>&nbsp;</P> Wed, 11 Feb 2026 08:41:30 GMT https://ttlc.intuit.com/community/self-employed-group/discussion/estimated-taxes/01/3313247#M14216 stevieD9 2026-02-11T08:41:30Z https://ttlc.intuit.com/community/self-employed-group/discussion/re-estimated-taxes/01/3313257#M14217 <P>You also have the option of making only the first two of the payments, which might be the solution for your situation.&nbsp;</P> Tue, 09 Apr 2024 03:19:26 GMT https://ttlc.intuit.com/community/self-employed-group/discussion/re-estimated-taxes/01/3313257#M14217 KrisD15 2024-04-09T03:19:26Z