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Est Tax 1040E

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Money Talk > Taxes

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oldguy
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Est Tax 1040E  Reply with quote  

When you owe over $1000 on April 15, you are subject to penalty - and you are expected to pay quarterly estimates the following year.

Question - is that number ever updated, indexed, etc? Or ha it been $1000 since the beginning of Time? I seem to recall that it was $1000 way back in the 1980's?
Post Wed Mar 25, 2015 4:20 pm
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finnkevin4498
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Estimated Taxes  Reply with quote  

The federal income tax is a pay-as-you-go tax. You must pay the tax as you earn or receive income during the year. There are two ways to pay as you go, either by employer withholding or estimated tax payments.
Post Thu Jul 14, 2022 5:34 pm
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mendozi
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In any case, with regard to taxes you should be as vigilant as possible, because you can believe that your employer deducts for you this or that amount each month, and in the end it may be completely different, such cases occur, and more often than you think, just not always subject to publicity. Now I am studying how to check the pension savings in Israel https://zashita.co.il/proverit-pensionnye-nakopleniya-v-izraile/ , because I began to worry about this topic
Post Wed Mar 01, 2023 7:57 am
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