Sorry I was confusing. Last year we had NO income from self employment.
This year we have both types of income. So I know I will have to pay self employment tax this year. So I am making some estimated tax payments voluntarily.
I think I hear you saying that I will avoid a penalty if my federal income tax withholding and my estimated tax payments exceed last years federal income tax paid Form 1040 line 15]. I do intend on exceeding that amount.
