Get 50% OFF QuickBooks for 3 months*

Buy now
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Simplify payday and set payroll to run automatically on QuickBooks.Explore Intuit QuickBooks Workforce

Reply to message

View discussion in a popup

Replying to:
Viani
Level 2

Single member LLC taxed as S Corp

Hi,

I just changed from a sole proprietorship to single member LLC taxed as S Corp. How do record these (what journal entries?):

1. Money I take to pay for myself

2. Income tax payment

3. Estimated income tax 

4. Money reimbursement to myself when I used personal credit card for business expense / inventory (not often but it happens). 

 

Thank you

Solved

Need to get in touch?

Contact us