Sentences with phrase «estimated payments throughout»

Suppose you're in danger of being penalized for making insufficient estimated payments throughout the year.

You will need to review the Mid-year Estimated Payments Checkup to make sure you have the proper amount of tax being withheld from your various sources, and whether or not it is necessary for you to make estimated payments throughout the year.

Not exact matches

Estimated payments: Gig workers often need to make quarterly estimated tax payments throughout the year rather than wait until Estimated payments: Gig workers often need to make quarterly estimated tax payments throughout the year rather than wait until estimated tax payments throughout the year rather than wait until April 15.

As a freelancer, you may have to make estimated payments four times throughout the year, beginning in January.

As the fresh produce industry integrates new technologies throughout the supply chain, China has emerged as a leader in some key areas, especially technologies that reduce friction points for the consumer such as mobile payments (with an estimated 94 % penetration rate in first tier cities), app - based food delivery and, a big buzzword in China right now, «O2O,» or online - to - offline — which describes a range of technologies and strategies for using internet - based tools to facilitate brick - and - mortar sales, and vice versa.

The government wants you to make payments of your estimated taxes throughout the year in quarterly installments.

If your income is regular throughout the year, and you are not covered by withholding, then you would make four equal quarterly payments of estimated tax.

The calculator will then estimate the probability that withdrawals from your nest egg, plus payments from Social Security and any pensions, will be able to generate the income you'll need throughout retirement.

Generally, when you hear the term, «underpayment penalty,» this refers to taxpayers who failed to make estimated tax payments or didn't pay enough in estimated taxes throughout the year.

The IRS requires taxpayers who do not have sufficient holdings throughout the year to make estimated tax payments or face an underpayment penalty.

Part of that is understandable: If you donâ $ ™ t have enough tax withheld throughout the year through payroll deductions or quarterly estimated tax payments, youâ $ ™ ll be hit with an underpayment penalty come April 15.

Then you'll need to give an estimate of your income tax liability and also report any payments you made throughout the year.

If you didn't pay enough tax throughout the year, either through withholding or by making estimated tax payments, you may have to pay a penalty for underpayment of estimated tax.

On the other hand, if you do not have enough money withheld throughout the year (or do not pay the IRS enough in estimated payments) it is likely that you will be «under - withheld» and when you file you will owe the IRS.

The company had to lower its earnings estimates throughout the year, in part because of the difficulties it had getting companies to make licensing payments.

If you're required to make estimated tax payments, then you must make quarterly payments, by certain dates throughout the year.