The reason I came up with the extra $200 in withholding from my regular job was:
15% of $25k in freelance = $3750 in probable taxes
$3750 divided by 26 paychecks = $145 approximately
(I set it to $200 just to be extra careful!)
So I figured after the extra withdrawals I set up at the end of the year there shouldn't be any more owed - and maybe even still a little return back.
Does that make sense? That means I shouldn't have to pay a quarterly amount if I do this, right?
Thanks for the help!
