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gadams0204
Returning Member

Estimated Taxes

Do the turbotax estimated federal taxes include FICA, Medicare, i.e. the estimate is just one number?  This is for sole owner LLC, entering business info on Schedule C, paid via 1099 MISC.

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2 Replies

Estimated Taxes

Yes.

Anonymous
Not applicable

Estimated Taxes

yes.  the SE tax and regular taxes are combined paid as one tax.   when you file in 2021, the IRS doesn't care which part of an estimate was for fica/medicare and regular income taxes. 

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