Suggestions
Allow for in year tax payments
Allow for federal income taxes and state income taxes to be paid throughout the year vs always assuming one time payment next year.
Allow for federal income taxes and state income taxes to be paid throughout the year vs always assuming one time payment next year.
this is would be so helpful! I tend to pay any taxes as withholding or with the actual transaction (like taxes with a Roth conversion). It would be great to indicate any type of taxable event to indicate “pay same year” or “payable in next tax year”. This helps with looking at my budget in totality for one year.
Agreed – quarterly estimated tax-payments is normal in retirement, so being able to have PL model this out is just another means of getting PL better in tune with the reality of cash-flow and money movement. Now that PL has introduced months into its timeline (or no longer just being at a yearly total view), having this ability would be nice.