estimated tax return (Meaning)
Wordnet
estimated tax return (n)
return required of a taxpayer whose tax withheld from income does not meet the tax liability for the year
Synonyms & Antonyms of estimated tax return
No Synonyms and anytonyms found
estimated tax return Sentence Examples
- The estimated tax return anticipates a significant refund this year.
- To avoid penalties, it's crucial to make quarterly estimated tax payments.
- The IRS website provides a user-friendly tool to calculate your estimated tax return.
- Businesses are required to file estimated tax returns as well.
- If your income varies significantly, you may need to adjust your estimated tax return throughout the year.
- The accuracy of your estimated tax return is essential to avoid underpayment penalties.
- Taxpayers who underestimate their estimated tax may face additional tax liabilities.
- Overpaying your estimated tax return can result in a refund or credit towards your next tax bill.
- Estimated tax returns are an important tool for managing your tax obligations.
- Filing estimated tax returns helps ensure you pay the correct amount of tax throughout the year.
FAQs About the word estimated tax return
return required of a taxpayer whose tax withheld from income does not meet the tax liability for the year
No synonyms found.
No antonyms found.
The estimated tax return anticipates a significant refund this year.
To avoid penalties, it's crucial to make quarterly estimated tax payments.
The IRS website provides a user-friendly tool to calculate your estimated tax return.
Businesses are required to file estimated tax returns as well.
