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14

Apr

Do I have to pay self-employment tax if i have only expenses from my LLC and Have a fulltime job that took tax

Posted by admin  Published in United States

pharoh007 asked: I work fulltime and i am trying to start a llc business on the side. I have the llc and tax id set up from last year. i only have expenses from last year because i havent started conducting business yet. But i have all taxes taken out from my fulltime employer. Well [...]

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2 comments

7

Apr

Self Employment?

Posted by admin  Published in United States

Salem asked: Please explain to me how to begin the process of filing taxes as a self employed person. I know I have to fill out the 1040ES form but thats it. I’m not even sure how to fill it out. How do I know what my monthly or quarterly payments should be? When should [...]

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