I know the estimated tax schedule is April, June, September and January, but I am not certain if I can actually do the estimates on an equal 1/4ly basis or if I have to recognize the large tax due early in the year due to my RMD and wife's Roth Conversion being processed this month. We have kept the total tax rate in the 12% range. Example: total estimated taxes for 2023 with RMD, Roth, and other income is $13,000. However the RMD and Roth account for $7,000. I'm inclined to do $3,250 each 1/4.
Thanks for your input.
jpjr
Thanks for your input.
jpjr