What to Know About 2024 Tax Withholding and Estimated Taxes
From “Dow Jones & Company”:
To avoid penalties, U.S. employees and self-employed business owners must pay at least 90% of their taxes long before the April 15, 2024 due date. This due date can be extended for victims of federally declared disasters. Taxpayers can request a six-month extension to file their returns until October 15, 2024, but they still must pay what is owed by the April due date. (Source: The Wall Street Journal)
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