Re: Basic Turbo Tax Question
I guess I was trying to just understand the process and I spoke with both Turbo Tax via chat and the IRS. I know this is blindingly obvious to everyone else but this is what my understanding is, feel free to correct me if incorrect:
1. As a small business you file quarterly estimated taxes. There is no accompanying documentation (like a quarterly Schedule C), this is where I was confused.
2. When filing the yearly taxes you then file the Schedule C and settle it all out.
Regards
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