Faith C
Employee Tax Expert

Self employed

Hi Blankenshipwellness,

Thank you for asking and congratulations on starting your business! For a single member LLC, they might not need to make estimated tax payments if they owe less than $1,000. If you have a W-2 jobs, you can either file Form W-4 to have more tax withhold from your work, or you can make an estimated tax payment by Jannuary 15th. 

You may use our tax calculator to estimate your tax liability and pay the estimated tax liabilty through IRS by Jannuary 15th. Here is A Guid to Paying Quarterly Taxes for your reference. 

 

 

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