Kiplinger

When Are 2021 Estimated Tax Payments Due?

Our tax system operates on a "pay-as-you-go" basis, which means the IRS wants its cut of your income when you earn it. For employees, the government gets paid through tax withholding each time you get a paycheck (). Retirees can have and retirement plan distributions, or even have . However, if you're self-employed or don't have taxes withheld from other sources of taxable income (such as interest, dividends, or capital gains), it's up to you to periodically pay

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