I'm 62. For TY 2023, i filed in April based on the income i received from a pension and some IRA withdrawals.
This year, i will also be doing the same but in addition I began doing Doordash (1099) part time. I use the Solo app to track my mileage related to Doordash. That app shows income and expenses (using the standard mileage deduction). Income from this is 2700 so far. Basically the income after deducting my mileage is only $43.00. It shows I will owe about $11.23 in taxes.
Should I even worry about doing quarterly taxes? I doubt the income to expense will change much for the remainder of the year.
Is it ok to just report the 1099 income and expenses in April when I normally file my taxes?
