- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Your business entity (an LLC treated as an S corporation for federal income tax purposes) is a pass-through entity and, as such, does not incur federal income tax liability (which is passed through to you, personally).
As a result, you should have sufficient funds to cover your individual federal (and state, if necessary) income tax liability and make any necessary estimated tax payments.
‎August 13, 2022
9:51 AM
3,485 Views