I have tiny side-job. The business uses Square Payroll. I keep adapting a W-4 to try to meet the requirements (I have not had a W-4 since the days of 1 or 0s). It keeps rejecting my W-4, saying I don't earn enough money to meet my tax obligations. (We pay estimated taxes and have no other W-2 income - I *know* I don't earn enough to pay my taxes.)
Can I just fill it out to withhold NO tax and then pay the tax due in April? The amount I will earn is less than $2,000. Would there be any penalties because of this?
