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Do I have to submit estimated taxes if I already had extra withholding on my W-4?
Hi,
I have a regular job (W-4) and I am also working as an independent consultant.
In order to avoid penalties I selected "Extra Witholding" on my regular's job W-4 which I believe covers all the taxes owed on my independent consulting job.
Do I still have to file a Form 1040ES 1?
If yes, did the timeline for the first quarter was also pushed out due to Covid-19?
Thank you and best regards,
‎April 11, 2020
2:35 AM