Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted Aug 30, 2023 11:59:44 AM

Tax Withholding on Income

I have made a few thousand dollars in income from some part time work. No taxes were withheld. Withholding on other income should be more than enough to cover any tax liability on the part time work. Am I still required to report the income and send withholding to the IRS?

0 1 496
1 Replies
Employee Tax Expert
Aug 30, 2023 12:04:22 PM

Hello @Gcalexander!

Thank you for the question.  You will report the income/expenses on your tax return in the self employment section. However, if your withholdings on your W-2 job will cover your tax liability, you do not need send in the estimated quarterly taxes.

You can estimate your tax liability using this tool to be sure! https://turbotax.intuit.com/tax-tools/calculators/taxcaster/

I hope this helps!
JanetB211

**Please say "Thanks" by clicking the thumbs up icon in a post

***Mark the post that answers your question by clicking on the "Mark as Best Answer"