What does declaration of estimated tax mean?
Definitions for declaration of estimated tax
dec·la·ra·tion of es·ti·mat·ed tax
This dictionary definitions page includes all the possible meanings, example usage and translations of the word declaration of estimated tax.
Princeton's WordNet
declaration of estimated tax, estimated tax returnnoun
return required of a taxpayer whose tax withheld from income does not meet the tax liability for the year
ChatGPT
declaration of estimated tax
A declaration of estimated tax refers to the formal submission of a taxpayer's projection of their tax liability for a particular period, usually a fiscal year. It includes expected income, expenses, deductions, and credits. This declaration is often required for self-employed individuals, business owners, or those with significant income not subjected to tax withholding, so that appropriate estimated tax payments can be made throughout the year in order to avoid penalties at the end of the tax year.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of declaration of estimated tax in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of declaration of estimated tax in Pythagorean Numerology is: 3
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"declaration of estimated tax." Definitions.net. STANDS4 LLC, 2024. Web. 1 May 2024. <https://www.definitions.net/definition/declaration+of+estimated+tax>.
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