Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 1, 2019 2:15:55 PM

My business is looking like we will barely break even this first quarter. Do you have to pay quarterly self employment tax if you have no profit from your business?

0 1 559
1 Replies
Expert Alumni
Jun 1, 2019 2:15:56 PM

If you project to have no profit in 2019, you do not need to pay estimated taxes, or you could reduce the payments to suit your projected profits.