CRLLS
Thinks s/he gets paid by the post
In tax year 2023 year, I sent in quarterly estimated tax payments as I should have due to an unexpected dividend in 2022. In tax year 2023, I had another rather large, qualified dividend, which I paid taxes on via 100% withholding from an IRA withdrawal. Bottom line is that I overpaid and had a 4-figure refund on my 2023 tax return. As far as I can tell, I am not subject to pay quarterly in 2024. I do expect another large dividend in tax year 2024. How much? I don't know and won't until maybe 3rd quarter. I plan on doing the same IRA withholding at the end of the year to cover that tax liability.
Does anyone know why I got this from the IRS? Was it because I paid quarterly in 2023 and they just have me on their list?
Does anyone know why I got this from the IRS? Was it because I paid quarterly in 2023 and they just have me on their list?