Kk6
Level 1
05-31-2023
11:14 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I filed Form 2553, the Election by a Small Business Corporation form, establishing a sole proprietorship or partnership as an S-corp, and got approved last Friday. My LLC was established in late 2021 and made very little money in 2022, so I filed my 2022 taxes using Schedule C. In 2023, I am beginning to do well; as of today, I've made over 100K. I paid myself 24K as of May 31. Two independent contractors worked for me on the weekend; I paid them 20K in compensation/wages.
Now here is my problem, I want to pay estimated taxes for 2023. Can I do this using a form in Pro Series Professional 2022? How do I do that? I need all the help I can get.
I appreciate any help you can provide.
Labels