My wife accepted a freelance writer gig that paid her $5,000 this summer. We file joint married, how do we know whether she (or we) need to file quarterly estimates payments to account for that $5,000 of income? Also, she may receive another ~$5,000 payment in October, would that change anything?
Finally, if she does have to make estimated quarterly payments, how does one even do that? Federal and state? And would that involve physical mailing or are there digital forms (or even better, TurboTax tools)?
thanks!
