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LLC and full time job paying estimated tax
I own an LLC but also have a full time job. I have done one consulting project under the LLC and don't expect to do more. This project will result in greater than 1K in tax liability - do I make a one-time quarterly payment? What is the best way to make this payment?
My income from full time employment will exceed the maximum amount for social security - do I need to pay self employment tax on the amount of income from the project if my total annual income will have met the max?
‎July 6, 2019
8:25 AM