You've come to the right place for answers, @fredlackey. I hope you're good and well today.
Glad to provide insights about estimated tax in QuickBooks Self-Employed (QBSE). This way, I can guide you accordingly.
Yes, the estimated tax calculates the social security and medicare in QBSE. This tax also covers your income. To know how it is calculated in your account, click on the link: How QuickBooks Self-Employed tracks self-employment taxes.
Don't hesitate to leave a comment below if you have other concerns. The Community and I will be here to help you anytime. Keep safe always, fredlackey.
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