Federal and State Taxes for a Solo Proprietorship

Lpozadas · ‎October 27, 2021

Hello! I'm a sole proprietor who has started a therapy practice in MA. I've signed up for Electronic Federal Tax Payment System tax payment service to pay federal taxes quarterly on my income, after business expenses. How do I make these calculations?

Michele_H · ‎October 27, 2021

Hi @Lpozadas I am attaching a site that offers several different calculators in helping you determine how much you could possibly owe. There is one labeled Self employed Expense Estimator. This one should help 🙂

https://turbotax.intuit.com/tax-tools/

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