estimated taxes

[Vilgan]

Hi all,

This is my first time filing estimated taxes. Previously I was just an employee w/ W-2 withholdings.

I have 2 sources of self employment income:

1) solo proprietor freelance work for a few months
2) LLC filing as partnership

I have all the money for the estimated tax payment set aside, including self employment tax.

2 questions:

When I go to file estimated tax, I can do SSN or EIN. For a partnership where everything is pass through, I assume I use SSN. Is that correct?
It seems like I just make a single payment to account for income tax and self employment tax from both sources. Basically, log into EFTPS, select the time period, make a payment. Is that correct?

Thanks!

[protostache]

It seems like I just make a single payment to account for income tax and self employment tax from both sources. Basically, log into EFTPS, select the time period, make a payment. Is that correct?

Yep, pretty much. For both of those business structures the tax liability flows through onto your personal taxes, so your EFTPS payments should be under your SSN, since you're the entity that owes the tax.