As a single member llc can i use my business bank account to pay estimated taxes?

Good evening, @samanthapedrosa1.

I'm here to help make sure you can pay your estimated taxes. Allow me to share some info about paying your federal estimated quarterly taxes.

QuickBooks Self-Employed calculates your federal estimated quarterly tax payments, so you know what to pay each quarter. You can pay these estimates using two options, by mail and online. If you choose to pay by mail, you have to fill out the 1040-ES payment voucher and other forms, a check, and which IRS office you have to mail the payments to. The online method allows you to sign up for an Electronic Federal Tax Payment System account and go over the basic enrollment requirements to pay your estimates.

You can check out this article about paying federal estimated quarterly taxes for more information.

Feel free to hit the reply button if you have any other questions. Enjoy the rest of your day!

This reply doesn't answer my question. I wanted to know if I need to use my personal or business checking account to pay estimated taxes. 

Hello, and welcome to the Community, samanthapedrosa1.
 

Any bank account can be used to pay federal estimated quarterly taxes. They can also be paid by mail. The second resource linked above by my colleague doesn't mention any restrictions in regard to which type of accounts payments can be submitted with.
 

If you choose to pay with a method that isn't connected to Online Banking, you'll have to manually record your payment. Here's how:
1. Open the Transactions menu in QuickBooks Self-Employed.
2. Use the Add transaction option and enter "(Date and fiscal year) quarterly federal tax payment" into the Description field.
3. Input the date and amount.
4. Select Select a category, Taxes, then Estimated Taxes.
5. Hit Save to finish.
 

I'm including an extensive article about these types of taxes which may come in handy: Estimated taxes explained
 

Please feel more than welcome to respond in this thread if you have any other questions. I'll be here to help. Enjoy the rest of your day!

OM Gosh, did anyone ever answer your question?

OM Gosh, did you ever get an answer from a live person?

I think your concern is whether paying estimated with your business bank account "pierces the corporate veil" or not. That's my question too! I guess they would have said not to use your business bank account if it was an issue, right? 

Hi there, HurtadoHomes.

I'm here to share some information about paying the estimated tax.

You can use your business bank account in paying your estimated tax as long as it's a US bank account that is set up for ACH transactions. If you have the Tax Bundle, you can follow these steps in paying your taxes in QuickBooks Self-Employed:

1. Log in to QBSE using a web browser.
2. Go to the Taxes menu, then select the Quarterly Taxes tab.
3. ClickPay Now, then choose the Online option.
4. Enter your EFTPS info and PIN.
5. Select the current amount or enter a specific amount.
6. Follow the on-screen steps to finish the payment.

However, if you don't have the Tax Bundle, you can pay the IRS directly from the Electronic Federal Tax Payment System website.

Additionally, here are some articles that you can read to help track and manage your quarterly and annual tax information in the program:

• Get quarterly and annual tax info

• Pay federal estimated quarterly taxes

I'm just a post away if you have any other concerns or further questions about taxes. Have a great rest of the day.

It would be nice if they would just say, we cannot advise in this area, rather than false answering. Answer the question as a human please Intuit.

I wish Intuit would just say, "we cannot answer this", rather than giving the "any bank account will work" non answer.

You should be able to actually pay it from your business account... however I feel pretty sure you cannot count it as an expense for the company.  Safe thing to do is pay through your personal account, or if paid through the company account, then catagorize as a Owners Draw / Distribution.