Definitions
There is 1 meaning of the phrase
Estimated Tax.
Estimated Tax - as a noun
Income tax paid periodically on income that is not subject to withholding taxes; based on the taxpayer's predicted tax liability
Example Sentences
"The deadline for filing estimated tax payments is April 15th."
"I always make sure to calculate my estimated tax payments accurately."
"If your income is variable, it can be challenging to determine your estimated tax liability."
"You may need to consult a tax professional to help you with your estimated tax calculations."
"Failing to pay the correct amount of estimated tax can result in penalties."
