Oh thank you! I'm almost there! Should I include the social security and medicare tax amount with my estimated payment to IRS? For instance, I understand that I am to pay estimated income tax plus allow at least an additional 7.5% for Security and Medicare. For instance, I will pay estimated payment for income tax and social security together to IRS in one payment each quarter? How does the Social Security and Medicare payments get to where they need to go? How does IRS know what to put towards Social Security and Medicare? Do I need to mail the Social Security and Medicare to any place in particular or does it just go in together with the estimated income tax? When we complete our 2025 taxes next tax season, it that when the social security and medicare is reported to social security? I don't understand how they are aware of what one has paid when in self employment. The social security and medicare just all seems mysterious!
Thank you
