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March 10, 2021
Question

Do I need to pay 2021 estimated taxes if taxes are already being deducted by my employer? The only thing not covered is capital gains and interest income.

  • March 10, 2021
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1 reply

Employee
March 10, 2021

Assuming an appropriate amount is being withheld and you don’t incur a large capital gain during the year you do not have to pay estimated tax.