Originally Posted by pb4uski
I like what LOL advises. Make a copy of your 2013 tax return and change it as needed to reflect your 2014 numbers - taking our wages as appropriate, adding in Sch C, etc. Take the taxes for 2014, divide by 4 and round up. Reduce the 1Q estimated payment for any withholdings in 2014.
Repeat, with updated info for Q2,Q3 and Q4 and you should be pretty close.
Yes, that's exactly what I did yesterday.
OCCUPY ER, <=>
"The needs of the many outweigh the needs of the few, or the one." - Spock
Retired Mar 2014 at age 52
Target AA: 70% equity funds / 28% TIAA-Traditional/ 2% cash
Target WR: 0.0%,
Income from pension, rent, and eventually SS