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Income taxes are a pay-as-you-go system. That means you pay your taxes as you earn income during the year. Either your employer withholds tax from your pay, or you pay quarterly estimated taxes on your own. If you have income that's not subject to withholding, you may need to make quarterly payments. This includes income such [...]
Income taxes are a pay-as-you-go system. That means you pay your taxes as you earn income during the year. Either your employer withholds taxes from your pay, or you pay quarterly estimated taxes on your own. If you have income that's not subject to withholding, you may need to make quarterly payments. This includes income such [...]
This video was published by the IRS. Our income tax runs on a pay-as-you-go basis. That means we pay our taxes as we earn or receive income during the year, either by having taxes withheld or by making quarterly estimated tax payments. If you have income that's not subject to withholding, you probably need to make [...]
