This is a great question and you are so smart to ask it!!!
You do not have to send in estimated tax payments if you take extra withholdings from another W2 job.
It is so much easier to have your W2 employer pay the 'estimated taxes' for you.
What I would suggest is doing a tax estimator to see if you are going to owe anything for 2023. If you are going to, then change your W4 again and add a bit more to cover that amount due. This will go on line 4 c of the W4 (extra withholdings).
Here are my two favorite links for tax estimator. Remember that they do not save so they will time out.
IRS Tax estimator
Taxcaster
Here are my other 3 favorite Self Employment links for you to look over:
Self employment tax
Self employment tax hub with calculator
Self Employment income and expenses
Thanks again for the great question!!
Katie S
Katherine S 63
