Estimated Income Tax Payment
We are retired and most of our cash flow is out of our IRA accounts and Social Security. I understand that my quarterly estimated tax payments are not part of our "consumption" or "special" funds and is assumed to be a deduction from income.
Since we take money out of our IRAs to pay quarterly tax payments it is taxed as income. Do I need to compensate in some way in my planning or does the program assume that the amount shown as annual withdrawal from IRAs includes not only discretionary and special spending but also the amount I need to pay my income tax?