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Lev, Tax Advisor
Category: Tax
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Experience:  Taxes, Immigration, Labor Relations
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I have a S-Corp. Have a personal and business checking account.

Resolved Question:

I have a S-Corp. Have a personal and business checking account. Can I pay my Est. Taxes with my business account.
Submitted: 5 years ago.
Category: Tax
Expert:  Lev replied 5 years ago.


Hi and welcome to Just Answer!
Yes - you may use the business account for your S-corporation to pay your personal estimate taxes.
Depending on your circumstances that amount will be treated as
- a distribution from the S-corporation to you, or
- wages paid by the S-corporation to you, or
- a loan from the S-corporation to you
Let me know if you need any help or clarification.

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