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Yes, you can adjust your withholding to omit the one time insurance payment from your projected 2018 income.
In TurboTax, W-4 and estimated taxes are adjusted in the Other Tax Situations section.
The first section will ask if you want to adjust your W-4 for 2018 then it will go the estimated taxes questions. If you don't normally pay estimated taxes and the onetime insurance payout is creating the forms, you can adjust in the section or disregard the printed forms (they are not mandatory).
Yes, you can adjust your withholding to omit the one time insurance payment from your projected 2018 income.
In TurboTax, W-4 and estimated taxes are adjusted in the Other Tax Situations section.
The first section will ask if you want to adjust your W-4 for 2018 then it will go the estimated taxes questions. If you don't normally pay estimated taxes and the onetime insurance payout is creating the forms, you can adjust in the section or disregard the printed forms (they are not mandatory).
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