Looking4Ward
Full time employment: Posting here.
I FIRE'd at the end of May; at that time my federal withholding kept pace with my salary.
I worked P/T until the end of August; again my federal withholding kept pace with my salary.
The amount withheld seems to satisfy my tax obligation for total earned income during that period according to TaxCaster.
But from 9/1 until now when all of my Vanguard distributions have completed, the dividends and capital gains distributions I've received from my after-tax accounts have been substantial. TaxCaster estimates I'll owe an additional $11,500.
9/1 thru 12/31 correlates to the IRS's 4th reporting period. So is it really as simple as just sending in a 1040ES with a check for $11.5K by January 15th?
I worked P/T until the end of August; again my federal withholding kept pace with my salary.
The amount withheld seems to satisfy my tax obligation for total earned income during that period according to TaxCaster.
But from 9/1 until now when all of my Vanguard distributions have completed, the dividends and capital gains distributions I've received from my after-tax accounts have been substantial. TaxCaster estimates I'll owe an additional $11,500.
9/1 thru 12/31 correlates to the IRS's 4th reporting period. So is it really as simple as just sending in a 1040ES with a check for $11.5K by January 15th?
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