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Visitor I

Estimated Taxes for Sole Proprietorship?

Hello,

 

My husband is retired, but does contracting under a sole proprietorship.  We paid estimated taxes.  The taxes withheld do not reflect on the business P&L.  Aren't taxes an expense of the business?  They do show in the estimated taxes paid section of the over all return.  Why don't they show as a business expense?

 

Thank you,

Dianne