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Self employed
Hello @Janet_21
Thank you for being here and participating today! We are so happy you are here.
Congratulations for generating income on your LLC. While TurboTax does not do the actual calculations, we can arm you with the tools necessary to do what is required. Quarterly taxes are typically done 4 times a year, 1) April 18, 2) June 15, 3) Sept. 15, & 4) Jan 16. Even though you haven't started making payments, it's not too late. Here is how you can determine how much you should pay
IRS: 1040-ES & Worksheet
Both will have worksheets to determine how much will need to be paid, and how to make the payments, along with requirements. TurboTax also has several Tools & Calculators to assist and provide more detailed information.
Keep up the good work and let us know if you any further questions! We will be happy to help!
Holly W
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