Sentences with phrase «in estimated tax payments»

Depending on how much you owe the IRS at the end of 2018, you could be penalized for not paying enough in estimated tax payments during the year.
That was more income than expected and I didn't send in any estimated tax payment.
You can however max out 1500 $ in estimated tax payment for 2018 to get the 3.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thintax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thinTax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
«Many taxpayers first learn they are subject to the AMT only after preparing their returns, when it is too late to increase their withholding or estimated tax payments,» Olson wrote, which may result in unanticipated penalties.
In Rhode Island, when the tax man comes calling for his 5.99 percent, that would mean an estimated $ 23.3 million, forked over in a single paymenIn Rhode Island, when the tax man comes calling for his 5.99 percent, that would mean an estimated $ 23.3 million, forked over in a single paymenin a single payment.
«On the corporate side, we disregard the temporary increase in tax payments in 2018 related to the tax on deemed repatriation; we do not estimate a growth effect from those repatriated profits, either,» the note said.
A middle - ground option is to calculate the tax and send in quarterly estimated payments.
Keep in mind that the deadline for your last quarterly estimated tax payment for the 2016 tax year is January 16, 2017.
In addition, the year - to - date results do not reflect the regular end - of - year adjustments, which include final tax accrual adjustments as well as estimates of the cost of liabilities incurred during the fiscal year but for which no payment has yet been made.
in the case of our directors, officers, and security holders, (i) the receipt by the locked - up party from us of shares of Class A common stock or Class B common stock upon (A) the exercise or settlement of stock options or RSUs granted under a stock incentive plan or other equity award plan described in this prospectus or (B) the exercise of warrants outstanding and which are described in this prospectus, or (ii) the transfer of shares of Class A common stock, Class B common stock, or any securities convertible into Class A common stock or Class B common stock upon a vesting or settlement event of our securities or upon the exercise of options or warrants to purchase our securities on a «cashless» or «net exercise» basis to the extent permitted by the instruments representing such options or warrants (and any transfer to us necessary to generate such amount of cash needed for the payment of taxes, including estimated taxes, due as a result of such vesting or exercise whether by means of a «net settlement» or otherwise) so long as such «cashless exercise» or «net exercise» is effected solely by the surrender of outstanding stock options or warrants (or the Class A common stock or Class B common stock issuable upon the exercise thereof) to us and our cancellation of all or a portion thereof to pay the exercise price or withholding tax and remittance obligations, provided that in the case of (i), the shares received upon such exercise or settlement are subject to the restrictions set forth above, and provided further that in the case of (ii), any filings under Section 16 (a) of the Exchange Act, or any other public filing or disclosure of such transfer by or on behalf of the locked - up party, shall clearly indicate in the footnotes thereto that such transfer of shares or securities was solely to us pursuant to the circumstances described in this bullet point;
The Congressional Budget Office estimates that through increased transfer payments and reduced taxes, automatic stabilizers provided significant economic stimulus during and in the aftermath of the Great Recession of 2007 - 2009, and thereby helped strengthen economic activity.
Upon closing of this offering, we will record $ million as an increase to the liabilities due to existing owners under certain of the TRAs, see «Notes to Unaudited Pro Forma Consolidated Balance Sheets,» and in the future we may record additional amounts as additional liabilities due to existing owners under the five TRAs, such amounts collectively representing our estimate of our requirement to pay approximately 85 % of the estimated realizable tax benefit resulting from (i) any existing tax attributes associated with interests in Desert Newco, LLC acquired in the Reorganization Transactions and the exchanges described above, the benefit of which is allocable to us as a result of the same, (ii) the increase in the tax basis of tangible and intangible assets of Desert Newco, LLC resulting from the exchanges as described above and (iii) certain other tax benefits related to entering into the TRAs, including tax benefits related to imputed interest and tax benefits attributable to payments under the
Also, most businesses need to pay estimated Federal tax payments on a quarterly basis, plus estimated local and state tax payments as required in your city and state.
Refundable tax credits are reported in the «Payments» section of your 1040 tax return, along with Federal income tax withheld and quarterly Estimated Tax paymentax credits are reported in the «Payments» section of your 1040 tax return, along with Federal income tax withheld and quarterly Estimated Tax pPayments» section of your 1040 tax return, along with Federal income tax withheld and quarterly Estimated Tax paymentax return, along with Federal income tax withheld and quarterly Estimated Tax paymentax withheld and quarterly Estimated Tax paymenTax paymentspayments.
In reality, the government doesn't actually know how much tax is being lost owing to cash - in - hand payments and told Channel 4 they don't have «a separate estimate of the tax gaps that results from people paying in cash»In reality, the government doesn't actually know how much tax is being lost owing to cash - in - hand payments and told Channel 4 they don't have «a separate estimate of the tax gaps that results from people paying in cash»in - hand payments and told Channel 4 they don't have «a separate estimate of the tax gaps that results from people paying in cash»in cash».
Withholding tax payments are up just 0.9 percent, or $ 139 million, while PIT estimated payments are down a whopping 9.3 percent, or $ 966 million, including another $ 130 million (5 percent) dip in September receipts alone.
«New York sent an estimated $ 40.9 billion more in tax payments to Washington in 2016 than it received back in federal spending,» DiNapoli said.
Barnes said the biggest revenue boost was due to improvements in the «estimates and final payments» component of the income tax — which was up $ 240 million and significantly exceeded the target for April.
That's because the administration estimates the hospitals would pay about $ 212 million in new taxes while getting back about $ 250 million in additional state payments.
The PIT shortfall was concentrated in the category of estimated payments, due quarterly from high - income residents and self - employed business owners — including most of the highest - earning 1 percent of New York taxpayers, who bear 42 percent of the total income tax burden.
According to the IRS form, Nixon would have to provide her estimated total tax liability in 2017, total 2017 payments, her balance that is due the feds, and the amount she is paying.
Now COR has turned to the Onondaga County IDA for a proposed 15 - year payment in lieu of taxes to cover an estimated $ 324 million of new development around the harbor.
The corporation estimates its operating costs will be about $ 500,000 for the period between those foreclosure notices being processed - March, 2013 - and when it could start getting a cut of the increase in back tax payments - October, 2013.
[6] The columns in the table address: a) the vehicle by which funding is delivered (e.g., tax expenditure vs. social program); b) the particulars of that funding vehicle (e.g., payments to individuals vs. program providers or states); c) the dollar value of the benefit to a family; d) whether the tax benefits are refundable (provide refunds to low income families in excess of their tax liability); e) whether the benefits are progressive (inverse to family income); f) the total annual program expenditure that is conditional on children (e.g., spending on housing vouchers that goes to families without children is excluded); and g) the estimated portion of the total expenditure that goes to children under five years of age.
Payment estimates are based on featured price for a vehicle and ACTUAL PRICE AND PAYMENTS MAY BE DIFFERENT due to applicable rebates, cash down payments, trade - in allowances, financing rates and terms, specials, taxes, fees and buyer's credit qualifiPAYMENTS MAY BE DIFFERENT due to applicable rebates, cash down payments, trade - in allowances, financing rates and terms, specials, taxes, fees and buyer's credit qualifipayments, trade - in allowances, financing rates and terms, specials, taxes, fees and buyer's credit qualifications.
During the year in question, you had earned income that was reported on a Form 1040, or had income taxes withheld from your pay, or made estimated tax payments.
In Part 2, I'll explain why a taxpayer might want to make estimated tax payments.
If you pay estimated tax quarterly in 2016, those state tax payments would also be deductible on your 2016 tax return.
What you need to do is to reduce the withholding from your wages, or pay a smaller amount in your quarterly payments of estimated tax (if you are self - employed).
Example: Suppose you realize in May that you need to pay $ 6,000 estimated tax for the year, and you've already blown the first $ 1,500 payment that was due April 15.
If you're reporting the conversion income in 2010, it's probably in your interest to pay the state income tax, or a big chunk of it at least, as an estimated tax payment before the end of the year.
This includes the amounts withheld from your paycheck (s) during the year, any estimated state income tax payments you sent in, and any payments of state income tax for previous years that you sent in with your state tax return for the previous year.
I don't know how the $ 400 figure you quote was arrived at, but I would suspect that if you have any investment income through mutual funds at all, you both would be better off requesting to have taxes withheld at the «Married but withhold as if I were a single person» rate so as to avoid a penalty for paying too little tax or having to scrabble to make a 4th quarter Estimated Tax Payment once the mutual funds make their annual distributions in Decembtax or having to scrabble to make a 4th quarter Estimated Tax Payment once the mutual funds make their annual distributions in DecembTax Payment once the mutual funds make their annual distributions in December.
There is one other thing you need to know: Unless you're withholding enough in taxes from your regular job to cover your entire tax liability for the year, you may have to make estimated quarterly tax payments to cover what's owed in taxes on side - hustle income.
If the total of your credits, withholdings and estimated tax payments is more than the amount of tax owed in # 6 above, you get a refund.
If your credits, withholdings and estimated tax payments are less than the amount of tax owed in # 6 above, you'll owe additional taxes when you file your return.
When a taxpayer receives a refund of state income taxes, and the taxpayer took a deduction on their federal tax return, and some of the payments made to the state were estimated payments that may have been made in a different calendar year... well, it can require some math to determine the taxable refund and the deductible portion of the estimated payment.
In many cases where you would otherwise be required to make estimated tax payments, you can avoid that process by increasing your withholding.
In most cases, to avoid a penalty, you need to make estimated tax payments if you expect to owe $ 1,000 or more in taxes for the year — over and above the amount withheld from your wageIn most cases, to avoid a penalty, you need to make estimated tax payments if you expect to owe $ 1,000 or more in taxes for the year — over and above the amount withheld from your wagein taxes for the year — over and above the amount withheld from your wages.
If you expect to owe less than $ 1,000 in income tax this year after applying your federal income tax withholding, you don't have to make estimated tax payments.
For example, if you make estimated payments of state income tax, you may try to schedule your payments so they don't fall in the same year as your large capital gain.
You can make an estimated tax payment if you feel more comfortable doing so, but there won't be a penalty if you wait until April 15 of next year to send in the payment because it's less than $ 1,000.
If you are married, filing jointly and your adjusted gross income is below $ 150,000, you may make a payment equal to 100 % of what you paid in income taxes the previous year or 90 % of the tax you estimate for the current year.
In order to avoid costly penalties, you'll need to estimate your taxes and pay one - fourth of the total amount in four payments in January, April, June and September of each yeaIn order to avoid costly penalties, you'll need to estimate your taxes and pay one - fourth of the total amount in four payments in January, April, June and September of each yeain four payments in January, April, June and September of each yeain January, April, June and September of each year.
With certain types of income, you have to make estimated payments against what you owe in taxes every quarter.
In order to avoid an underpayment of your estimated tax, which may result in penalty and interest charges, your estimated tax payments must either bIn order to avoid an underpayment of your estimated tax, which may result in penalty and interest charges, your estimated tax payments must either bin penalty and interest charges, your estimated tax payments must either be:
The government wants you to make payments of your estimated taxes throughout the year in quarterly installments.
Your CPA will charge you a bundle, and you could be in violation of tax rules if you haven't been making estimated payments.
Alex made $ 16,000 of estimated tax payments, in his name only and paid 100 % out of his sole proprietorship's separate business account.
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