Questions & Answers

What are 2019 estimated tax payments?

Estimated tax is the method used to pay tax on income that is not subject to withholding. This includes income from self-employment, interest, dividends, alimony, rent, gains from the sale of assets, prizes, and awards.

You may also have to pay estimated tax if the amount of income tax being withheld from your salary, pension, or other income is not enough to cover your anticipated tax liability.

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