I set up a Single Member LLC in the State of NH at the beginning of 2018. I have no employees and did not change my election classification.
Do I need to pay my estimated quarterly taxes through form 720?
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Yes you can pay it electronically or by mailing in the 1040ES voucher with a check.
You can use the EFTPS (Electronic Federal Tax Payment System). You have to establish an account, get a PIN in the mail, submit your bank electronic transfer info, etc. Then from that website, you can log in and make any tax payments--estimates, or your Form 1040 amount due. It will let you schedule several payments ahead--up to a year's worth, I think, for individuals.
OR You can pay them at https://www.irs.gov/Payments
I have to say a big thank you, I am in the same situation as the person above and was really confused about this form 720, looked online and it just got very confusing. No I have solid information.
I am just partly concerned because I missed the filing date of January 31, but I really had nothing to report as i was still in the middle of setting things up.
KT7600
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