Thanks! I do have a separate W2 job and have $100 additional withholdings taken out of my bi-weekly check throughout the year to account for something like this. My wife is a W2 employee as well. The single member LLC will most likely generate ~$5k in profit in 2024.
In this separate Intuit Turbo Tax article below (Primary income via W2 with some 1099 earnings as well) , it says you can increase your W4 additional withholdings to avoid estimated quarterly payments. My assumption was I have already accounted for that by following this additional withholdings approach. What do you recommend please?
