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martinhardee
August 19, 2023
Question

Do I have the right version of Quickbooks for self-employment

  • August 19, 2023
  • 1 reply
  • 0 views

I am a self-employed sole proprietor and was looking to Qucikbooks to help me calculate my quarterly taxes and self-employment taxes. The person in the Quickbooks sales chat yesterday recommended I get Quickbooks Simple Start with the Online Payroll Core package.  But now I learn there is a product called Quickbooks Self-Employed which sounds simpler.

 

Do I have the right thing, and if not is there a way for me to switch without having to re-enter my transactions?

1 reply

C
ChristineJoieR
August 19, 2023

Hello there, @Martin11_2.

 

QuickBooks Self-Employed is also convenient since it's the most simple and easy to navigate. Furthermore, QuickBooks Self-Employed is capable of computing federal estimated quarterly taxes Nonetheless, it doesn't have the functionality to calculate state estimated quarterly taxes.

 

On the other hand, If you're seeking a QuickBooks product that can automatically calculate quarterly taxes, QuickBooks Online Simple Start would be the most suitable option.

 

Moreover, if you opt for QuickBooks Self-Employed, you will require a migration tool that can transfer files automatically. Otherwise, you will need to manually enter the files.

 

Here is a comprehensive overview of the various functionalities available, the setup process, and how QuickBooks effectively tracks all your activities throughout the year: Overview of QuickBooks Self-Employed.

 

If you encounter any troubles in understanding QuickBooks Self-Employed matters, please feel free to leave a message below. I am here to assist you and will make every effort to ensure your satisfaction.

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