The article answers a query by a reader who wants to know when he should pay the taxes on individual retirement account (IRA) withdrawals. It is suggested that when paying tax on required distributions from an IRA, he could file quarterly estimated tax payments or he could ask his IRA ...
they receive when the corporation distributes some of its eanings. a)interestb)dividendsc)revenued)retained eamings 相关知识点: 试题来源: 解析 b) dividends 解析:股东作为公司所有者,在获得公司分配的股息(dividends)时需缴纳个人所得税。利息(interest)通常属于债权人而非股东收益;收入(revenue)是公司...
1. Those who file their 2025 annual tax returns by January 31, 2026, do not have to pay estimated taxes by January 15, 2026. What happens if you file taxes late? What happens if you file federal taxes late depends on whether you owe the IRS money. If you don't have a tax bill,...
You generally need to report the sale of your home on your tax return if you received a Form 1099-S or if you do not meet the requirements for excluding the gain on the sale of your home. See: "Do I have to pay taxes on the profit I made selling my home?" above. Form ...
Published on November 08, 2024 | 4 min read If you’re self-employed or earn certain types of income, there’s a good chance you’ll need to pay estimated taxes. That’s because the U.S. tax system is a pay-as-you-go model: You’re meant to pay taxes as you receive income ...
What if I don't pay? You could end up owing the IRS an underpayment penalty in addition to the taxes that you owe. The penalty will depend on how much you owe and how long you have owed it to the IRS. Result: You might have to write a larger check to the IRS when yo...
taxes until the October deadline, but penalties will build up and you will need to pay these. File a return ortax extensionif you owe taxes to reduce or eliminate the late filing fee - the late payment penalty will still be applied if you do notpay the taxes you owe by the deadline....
Do You Pay Taxes on PayPal? These platforms allow you to receive payments for your business, but they don’t help you escape the IRS. Erica SandbergMarch 26, 2025 Do You Owe the IRS? How to Find Out If you owe back taxes, it’s important to act quickly and set up a plan to rep...
The self-employment tax consists of Social Security and Medicare taxes, but you might have other taxes to pay as well.
Tax refunds usually are issued either as checks and sent by U.S. mail or as direct deposits to the taxpayer’s bank account. Alternatively, taxpayers can use a refund to buy U.S.Series I savings bondsor have it loaded on aprepaid debit card. The fastest way to get a refund is to ...