Part-time Realtor taxes

[Christopher Hardy]

Hi guys,

So just a little background. I'm a full-time W2 worker but also have my real estate license. In May, I closed on a condo for my friend and received a $7,200 commission check. I'm aware that full time realtors typically do quarterly tax payments to avoid penalties and to minimize their tax burden once April 15th comes but I'm wondering if that's still required/recommended for me since I only did that one deal and also pay taxes as a W2 worker? I was planning on just paying the tax once tax season came next year but I was doing more research on this and there seems to be no good info out there for what part time realtors should do so I figured this would be a good place to start. Let me know if you need any other info and thank you in advanced!