Deeter
Returning Member

Business & farm

Thank you.

 

So I'd go to EFTPS and if I have one employee, make a quarterly payment of 12.4% + 2.90% of his income

 

and for my LLC with two employees, I'd make a quarterly payment of 12.4% + 2.90% of for each of their incomes as a single payment?  

 

I ask because with form 941 on there, you just make a single payment, regardless of amount of employees.

 

Finally, for the federal income tax, what percentage do you do for someone who makes $3,000 per quarter?