How do I file/contribute to social security as an LLC/sole proprietor? It appears that I did not contribute to SS last year. How do I make up for this? Thank you.

snl6romano · ‎June 1, 2019

MinhT · ‎June 1, 2019

As a sole proprietor/LLC, you pay self-employment tax on your business income (i.e. the profit of your business).

Self-employment tax comprises contributions to Social Security and Medicare. You do not separately contribute to Social security.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

MinhT · ‎June 1, 2019

As a sole proprietor/LLC, you pay self-employment tax on your business income (i.e. the profit of your business).

Self-employment tax comprises contributions to Social Security and Medicare. You do not separately contribute to Social security.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Do you have an Intuit account?