How are withholding taxes paid on an annual salary paid in a single payment. Is it quarterly or all at once?

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2007-10-03 15:53:36 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ Other - Taxes

In the U.S. you have to pay taxes at minimum quarterly. The only exception is when you get a lump payment unexepectedly.

2007-10-03 15:57:18 · answer #1 · answered by Darren 2 · 0⤊ 1⤋

All at once. How could you have taxes withheld quarterly if the entire amount is paid in one lump??

2007-10-04 01:30:12 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 0⤋

Taxes for an employee are by law withheld from each paycheck.

2007-10-04 11:46:49 · answer #3 · answered by Judy 7 · 0⤊ 0⤋