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February 6, 2022
Question

What does it mean Alternative method of Computing Estimated tax due?

  • February 6, 2022
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1 reply

JohnB5677
February 7, 2022

Typically estimated taxes are calculated and paid in equal quarterly payments.

 

The annualized income installment method refigures estimated tax payment installments to correlate with when you earned the money during the year. This method may be used by a business that has season trends in its revenue. 

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