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I was an independent contractor in NY all of 2020 with some W2 income in the 1st quarter. Then moved to GA in December and have 2 clients. Want to file for a single-member LLC since I work from home. What are my tax obligations when filing 2020 returns?

AI accountant’s answer:

Hi, that's a great question! Tax obligations for folks with an LLC are very similar to unincorporated sole proprietors. You'll need to file end-of-year taxes (like everyone), and you may need to also file quarterly. The easiest way to figure out if quarterly taxes are required is to use our free quarterly tax calculator by downloading the Keeper Tax app from the app store!

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Melissa Pedigo, CPA

Melissa Pedigo has been a CPA for over 20 years and she is one of the only CPA copywriters in the world. With a vast knowledge of U.S. tax and accounting, she’s able to write about tax and finance topics from a unique perspective...as an industry expert. When she’s not writing or being an accounting nerd, you’ll find her watching and playing tennis, reading, tending to her half-grown garden, and studying foreign languages

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