https://ttlc.intuit.com/community/self-employed-group/discussion/when-to-go-from-sole-proprietorship-side-hustle-to-llc/01/3086851#M11155 <P>How do you know when its time to convert your sole proprietorship side hustle to an LLC? And then once the LLC is established, is paying estimated Quarterly Taxes required?&nbsp;</P> Tue, 24 Feb 2026 07:02:56 GMT TBTINT18 2026-02-24T07:02:56Z https://ttlc.intuit.com/community/self-employed-group/discussion/when-to-go-from-sole-proprietorship-side-hustle-to-llc/01/3086851#M11155 <P>How do you know when its time to convert your sole proprietorship side hustle to an LLC? And then once the LLC is established, is paying estimated Quarterly Taxes required?&nbsp;</P> Tue, 24 Feb 2026 07:02:56 GMT https://ttlc.intuit.com/community/self-employed-group/discussion/when-to-go-from-sole-proprietorship-side-hustle-to-llc/01/3086851#M11155 TBTINT18 2026-02-24T07:02:56Z https://ttlc.intuit.com/community/self-employed-group/discussion/re-when-to-go-from-sole-proprietorship-side-hustle-to-llc/01/3086862#M11156 <P><a href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/5333922">@TBTINT18</a>&nbsp; It's a good idea to consult with an attorney for legal entity advice.&nbsp; For tax advice regarding entity decisions, it is different for each person and may also depend on state rules.&nbsp; In many cases, an LLC is a common option as there is flexibility with how you are taxed.<BR /><BR />Regarding paying that estimated taxes, you have to do that quarterly whether you are a sole proprietor or a disregarded LLC for tax purposes.&nbsp; If you choose to register the LLC entity as an S-Corp or C-Corp, your withholding taxes will take care of the quarterly reporting for you.<BR /><BR />[Edited 9-25-24 9:21pm PST]</P> Wed, 25 Sep 2024 16:22:49 GMT https://ttlc.intuit.com/community/self-employed-group/discussion/re-when-to-go-from-sole-proprietorship-side-hustle-to-llc/01/3086862#M11156 CLBHESQLLM 2024-09-25T16:22:49Z