2007-03-14 03:54:09 · 5 answers · asked by linda s 1 in Business & Finance ➔ Taxes ➔ Other - Taxes
Get the Form 1040ES package from the IRS website. Make quarterly estimated payments using the vouchers and instructions in the package.
2007-03-14 04:00:36 · answer #1 · answered by Bostonian In MO 7 · 3⤊ 0⤋
1040-ES # 1, 1040-ES # 2, 1040-ES # 3, and last but not least 1040-ES # 4.
Make sure you send a check to the United States Treasury rather than inserting cash in the envelope.
2007-03-14 04:03:06 · answer #2 · answered by bold4bs 4 · 0⤊ 2⤋
From where r u.
In India there is a system of Advance tax.
2007-03-14 04:05:34 · answer #3 · answered by AVANISH JI 5 · 0⤊ 2⤋
It's called a seperate savings account...
It's like Sex... You put it in and take it out when you need to.
If you have quickbooks (which you should have if you are in business) or a program like it, it will figure it out for you when you plug in the correct information and you deduct it and pay it yourself.
Otherwise, Uncle Sam will be on your *** like white on rice in no time!
Either that... or get yourself an accountant.
2007-03-14 04:03:34 · answer #4 · answered by Anonymous · 0⤊ 4⤋
Usually once per quarter. You should be talking to a lawyer or someone at SCORE not yahoo answers.
2007-03-14 04:03:00 · answer #5 · answered by Today is the Day 4 · 0⤊ 3⤋