topic Paying Taxes from a Business account- Sole Proprietor in Self employed

Paying Taxes from a Business account- Sole Proprietor

jhellested — Tue, 24 Feb 2026 07:04:25 GMT

Hello! I have an LLC but am considered a sole proprietor when it comes to filing my taxes. When I go to pay my quarterly taxes should I be taking the funds from my business bank account or from my personal bank account or does it matter? Thanks!

Re: Paying Taxes from a Business account- Sole Proprietor

Faith C — Wed, 30 Aug 2023 17:01:26 GMT

Thank you for asking. The quarterly estimated tax payment is paid toward your individual income tax and should be considered as personal expense. Therefore, a personal account will be the best practice.