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Self employed
Thank you! A little more follow up.
My husband is W2 employee and pays taxes automatically (as expected). I put in his income and the amount of taxes paid in 2022. For his taxes, do we just use the federal tax or combine social security and medicare?
When I am done, it puts this into a higher tax bracket and that we will owe an additional $25K in taxes. To confirm, does this amount include the self employment tax or is that in addition to the estimator amount?
Also, how do we go about estimating Ohio tax? Do they require quarterly as well?
‎August 30, 2023
1:07 PM