I will be winding down my self employment this year and rely primarily on Social Security (self and spouse) and rental property income for 2024.
How do I estimate my tax liability (married filing jointly)and begin quarterly estimated payments?
Thank you
You can use TurboTax to estimate next year's taxes. You'll answer the questions about things like your 2024 filing status, income, and deductions, and TurboTax will prepare vouchers for you to print.
Estimate next year's federal taxes
Estimate next year's state taxes
Mail your payment along with the corresponding 1040-ES voucher to the IRS address listed on the voucher. Quarterly payment due dates are printed on each voucher.
Additional estimated tax payment options, including direct debit, credit card, cash, and wire transfer, are available at the IRS Payment website. You also have the option when you file your return to apply some or all of your refund to your estimated tax payments for the coming tax year.
TT Premier 2023 does not respond as you have outlined in the reply. Searching for 1040-es opens a plethora of questions not related to the actual 1040-es form.
Make sure you are all the way in your return BEFORE you search. Search the term 1040-es and hit enter - do not choose an item from the menu.
For TurboTax Online users: You should see the Federal Taxes and State Taxes menu on the left-hand side. If you are on the Tax Home page, you should click on Pick up where you left off. If you already filed your return, you will need to click on Add A State at the bottom of the Tax Home page to access your return.
I am as fully into the return as is possible - at the File tab. See image