Income tax question, overpaid via W2 started C2C
So I have a quick tax question, I'm sure only a few google searches away but figured I would ask..
I am wrapping up a W2 job where I overpaid federal and state tax so far this year.
I am beginning a new C2C job where I will be paying my own quarterly "estimated" tax again...it's been almost a decade since using my C2C.
My question is I will owe about $6,000 of income tax to the IRS via C2C but since I already so far this year overpaid by about that same amount, do I still need to file a quarterly estimated tax by EOY for that C2C income? Or can I just wait and file what I owe in Q1/2022 instead of filing this last Q4 quarterly?
I figure paying income tax one way or the other is still paying income tax but I am not 100% certain on this. TIA.
AA (Stock/Bond/Cash ): 97.5/0/2.5% MIX (Small/Mid/Large): 25/25/50% BLEND(US/Foreign): 100/0%, REIT (Real Estate Equity): ~50% of Assets
FIRE in 2031 @ 50yrs old (+/- 2yrs) w/ a hypothetical $2.5mil portfolio, 3 appreciated homes worth $1.0mil and rental income to fund my gap years until RMD. Assets will go to an inherited IRA where I plan on watching the investments grow until I die or the trust gets executed.