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Taxes MUST be paid throughout the year, in estimates as to what will be due.. This is done by either withholding from paychecks or from quarterly estimated payments, generally made by the self employed and others without an employee paycheck. Tax returns are filed by April 15th of the following year and any additional tax owed above the estimate is paid at that time. (Refunds will be sent following the filing too). If the estimates are below certain thresholds (underpaid), then penalties and interest are due too. An extension of time to file the return, BUT NOT TO PAY THE TAX, is easily obtained. OF COURSE YOU CAN (or must) PAY THE TAX AT ANYTIME AFTER THAT TOO. Not paying it does NOT make it go away. The longer it goes not paid, the more the penalty and interest that may also be due.
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Do day traders pay state taxes on their earnings?
If the state has income tax, the day traders will pay state income taxes on their earnings.
Will you pay taxes on your pension?
Yes could have to pay some income taxes on your pension income.
Does the estate pay taxes?
Estates pay taxes on income and may have to pay inheritance taxes.
What is the amount of income individuals have after they save and pay their taxes?
= the amount of income individuals have after they save and pay their taxes? =
Do big companies have to pay income taxes?
Yes everyone has to pay income taxes no matter what even the president.
Do day traders pay state taxes on their earnings?
If the state has income tax, the day traders will pay state income taxes on their earnings.
Which countries don't pay income taxes?
Monaco doesn't pay income taxes
Will you pay taxes on your pension?
Yes could have to pay some income taxes on your pension income.
How do you pay North Dakota state income taxes due for the last three years?
north Dakota income tax
Does the estate pay taxes?
Estates pay taxes on income and may have to pay inheritance taxes.
What is the amount of income individuals have after they save and pay their taxes?
= the amount of income individuals have after they save and pay their taxes? =
On loss income money do we pay taxes taxes on it?
Generally, if you have NET income after deductions and losses, you pay tax.
What do state income taxes not pay for?
State income taxes don't pay for road repair in other states.
Do big companies have to pay income taxes?
Yes everyone has to pay income taxes no matter what even the president.
Do police officers have to pay taxes?
Yes. They pay income taxes and property taxes and sales taxes.
When is the last day to pay taxes without penalty?
April 15
Do members of the Democratic Party have to pay income taxes?
Everybody has to pay taxes.
