4985
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Paying FTB as an S-Corp

I have an S-Corp and I'm trying to pay my quarterly taxes towards EFTPS for Federal and FTB for State. Does anyone know if I should pay EFTPS using my SSN or EIN and if I should pay FTB using my SSN, EIn or Corporation ID? 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
Carl
Level 15

Paying FTB as an S-Corp

Understand that unlike a sole proprietorship or single member LLC which is considered a disregarded entity for tax purposes, an S-Corp is considered it's own separately taxable entity. *YOU* do not pay taxes for the S-Corp. The S-Corp pays it's own taxes. You may be the one physically paying them. But you are not paying those taxes for you. You are paying them "on behalf" of the S-Corp. So you must use the EIN, and/or the separately state issued tax identification number if your state issues a separate number applicable to state taxes only.

If you use the SSN of any owner of the S_Corp, then that owner has paid any quarterly taxes that may be due, and the S-Corp has not.

Paying FTB as an S-Corp

Thank you so much for the clarification.

Paying FTB as an S-Corp

Thank you so much for the clarification.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question