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April 5, 2022
Question

Are "Estimated Tax Payments" referring to the "withholdings" on your federal tax certificate?

  • April 5, 2022
  • 1 reply
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1 reply

DoninGA
Employee
April 5, 2022

No.  Your W-2 has federal taxes withheld and those taxes are entered on your tax return as a tax payment.

 

Estimated taxes are paid during the year by a taxpayer directly to the IRS using a Form 1040-ES or on the IRS payment website.