Your filing and payment obligations and due dates will generally be based on the legal form in which you operate your business: |
If you are a sole proprietor, you must file Schedule C (or Schedule C-EZ if you qualify), Profit or Loss From Business, with your Form 1040, U.S. ... |
If you operate your business as a partnership, the partnership must file Form 1065, U.S. Partnership Return of Income, on an annual basis, to report income and deductions. Each partner must ... |
If you operate your business as a corporation, the corporation must file Form 1120, U.S. Corporation Income Tax Return (or if it qualifies, Form 1120-A, U.S. Corporation Short-Form Income ... |
If you operate your business as an S corporation, the S corporation must file Form 1120S, U.S. Income Tax Return for an S Corporation, on an annual basis, to report income and deductions. Each ... |
If you are a small business owner, chances are good that you will have to make estimated tax payments. |
You're probably asking yourself, "do I have to make estimated tax payments for 2006?" By answering "yes" or "no" to these three questions, you'll have your answer: |
If you are required to make estimated tax payments, how much do you have to pay? |
Individuals can make estimated tax payments in two ways: |
For estimated tax payment purposes, a year is divided into four payment periods. Each period has a specific payment due date. |
