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2011 Tax Forms 1040ez

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2011 Tax Forms 1040ez

2011 tax forms 1040ez 6. 2011 tax forms 1040ez   Estimated Tax Table of Contents Who Must Make Estimated Tax Payments Estimated tax is a method used to pay tax on income that is not subject to withholding. 2011 tax forms 1040ez This income includes self-employment income, interest, dividends, alimony, rent, gains from the sale of assets, prizes, and awards. 2011 tax forms 1040ez Income tax generally is withheld from pensions and annuity payments you receive. 2011 tax forms 1040ez However, if the tax withheld from your pension (or other) income is not enough, you may have to pay estimated tax. 2011 tax forms 1040ez If you do not pay enough tax through withholding, by making estimated tax payments, or both, you may be charged a penalty. 2011 tax forms 1040ez Who Must Make Estimated Tax Payments If you had a tax liability for 2013, you may have to pay estimated tax for 2014. 2011 tax forms 1040ez In most cases, you must pay estimated tax for 2014 if both of the following apply. 2011 tax forms 1040ez You expect to owe at least $1,000 in tax for 2014, after subtracting your withholding and refundable credits. 2011 tax forms 1040ez You expect your withholding and refundable credits to be less than the smaller of: 90% of the tax to be shown on your 2014 tax return, or 100% of the tax shown on your 2013 tax return. 2011 tax forms 1040ez The 2013 tax return must cover all 12 months. 2011 tax forms 1040ez If all of your income will be subject to income tax withholding, you probably do not need to make estimated tax payments. 2011 tax forms 1040ez For more information on estimated tax, see Publication 505. 2011 tax forms 1040ez Prev  Up  Next   Home   More Online Publications
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The 2011 Tax Forms 1040ez

2011 tax forms 1040ez Publication 15-T - Introductory Material Prev  Up  Next   Home   More Online Publications