I formed a new LLC this year. I also received earnings from my employer earlier in the year, but retired so no further income or withhold (W2 wages) will be received this year. Do I need to file estimated tax payments and if so, how do I determine the amount to pay?
I wasnt sure if i had to file estimated payments since my LLC was new this year or if there was a reprieve the first year since estimating the taxes may be difficult.
thank you for your feedback.
