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Self employed payroll tax.
This is my first year filing a Schedule C.
I have been paying 30% of my income in quarterly estimated taxes.
I have not differentiated FICA, Medicare and Income in my payments. Is this incorrect? When I calculate my 2021 income can I then allocate the estimated payments to FICA, Medicare and Income accordingly? Thank you.
‎January 26, 2022
11:06 AM