Hello.

I am self employed and my wife is a W2 employee. This is my 2nd year of being self employed and I was told I will need to file estimated quarterly tax payments to the IRS this year.

My question is would i need to pay quarterly estimated tax payments when my wifes' withholdings from her income always get us a refund at the end of the year?

When I did our taxes for 2015 I owed around 3k but when I added her income in and her taxes withheld for the year we ended up getting a decent refund.

Should I not worry about the quarterly tax since I know we will get a refund or should I pay quarterly taxes to be extra cautious?

I would rather the IRS not have my Self Employment money throughout the year even though I would get it back when I file at the end of the year.

Any suggestion & help much appreciated!