Estimate tax payments or withholding

More on estimated tax payments: You can still end up with a penalty, even if you pay 100% of your estimated tax payment, if you pay it late in the year. Unlike estimated tax payments, withholding is treated as payed evenly throughout the year, even if you significantly increase your withholding at the very end of the year. If you missed estimated tax payments early in the year, consider increasing your withholding rather then increasing subsequent estimated tax payments. listen

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