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Updated almost 8 years ago on . Most recent reply

User Stats

21
Posts
3
Votes
Jarod B.
  • Fort Wayne, IN
3
Votes |
21
Posts

Quarterly Estimated Tax Question

Jarod B.
  • Fort Wayne, IN
Posted
I currently own a handful of properties here in Indiana. This past tax season I was required to start paying quarterly estimated taxes. I currently have my rentals set up in a single member LLC. I know I can increase my withholding from my W2 income to offset this, but is there a way to get around paying quarterly estimated taxes with another type of entity such as a S Corp?
  • Jarod B.
  • Most Popular Reply

    User Stats

    5,271
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    Steven Hamilton II
    • Accountant, Enrolled Agent
    • Grayslake, IL
    2,325
    Votes |
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    Steven Hamilton II
    • Accountant, Enrolled Agent
    • Grayslake, IL
    Replied

    @Jarod B.,

    To add to what @Natalie Kolodij said a corporation's estimated tax bill would be due earlier than it would be for an individual.

  • Steven Hamilton II
  • [email protected]
  • (224) 381-2660
  • Loading replies...