Question

What is estimated tax?

Answer 1

Estimated tax is a method of paying tax on income that is not subject to with holding tax. This can include income from self-employment, business earnings, interest, rent, dividends and other sources. The IRS requires estimated tax to be paid quarterly, typically in 4 equal installments.

Is the meaning of Estimated Tax

Answer 2

Estimated tax is a method of paying tax on income that is not subject to withholding tax. This can include income from self-employment, business earnings, interest, rent, dividends and other sources.