Yes and no. It could be more or less, which makes it way more difficult to have a perfect or even good annual amount. I would probably err on the high side, so that you are not in an owe position at the end of the year. You can always do just the two jobs in the W-4 and then make estimated tax payments on the side gig quarterly, but I personally would build in a higher number for the annual income for the side gig.
Good follow up question @chanchez1025
Marc T.
TurboTax Live Tax Expert
28 Years of Experience Helping Clients
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