- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
No, you should file quarterly taxes to cover the 15.3% on your SE Income. If you wait to pay until you file your tax return with your W-2 next year, you may owe a underpayment penalty. You can have an extra amount withheld on your regular pay by changing your W-4 with your employer. So if you are paid weekly and plan to make $150 a week you could have an extra $20 withheld from your wages to avoid having to pay quarterly. However, you should still make the first quarterly payment.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎April 24, 2024
2:06 PM