Estimtated Taxes
I switched my sole proprietorship to an LLC in March, i currently pay estimated taxes on my sole proprietorship should I transfer the estimated taxes to my new LLC?
I switched my sole proprietorship to an LLC in March, i currently pay estimated taxes on my sole proprietorship should I transfer the estimated taxes to my new LLC?
@Hill Distribution wrote:
I switched my sole proprietorship to an LLC in March, i currently pay estimated taxes on my sole proprietorship should I transfer the estimated taxes to my new LLC?
No, not unless you made an election for your LLC to be treated as a C corporation (which would be rare and unusual).
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