HomePersonal FinanceTaxesWhat Is Estimated Tax?
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Estimated tax. Another IRS headache.
by jsquarejj | Mar 02 '01
If you have significant income from other than employment, you may have to make quarterly estimated tax payments to satisfy the IRS.

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Comments on Estimated tax. Another IRS headache." (1 total)  
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NOW ...............................I finally understand (Reply to this comment)
by Donnie013
For years, since my dad's death, my mom had to pay "estimated" tax and I never understood why, nor did she understand enough to explain it. All she knew is that H&R Block, who prepares her taxes yearly, said she must.

Because of your expert, "lay man's" explanation, I FINALLY UNDERSTAND.

Thank you for writing it in terms other than an accountants words.
Apr 29 '01
8:56 am PDT