I'm starting a business in 2018 as a DBA/sole proprietor. Do I file taxes just once per year along with my personal/income taxes? Or do I have to do something quarterly?
I'm starting a business in 2018 as a DBA/sole proprietor. Do I file taxes just once per year along with my personal/income taxes? Or do I have to do something quarterly?
As a sole proprietor, you will only file once a year-a personal 1040 form to include a Schedule C, business income and expenses.
However you may need to file quarterly taxes, depending on your income and expenses.
For more information, seeA Guide to Paying Quarterly Taxes