Taxes on irregular income
Posted March 25, 2008 - 04:47 by Philip Brewer
This is really a non-issue, if you work a regular job: Your employer withholds taxes. It's also not much of an issue if you're self-employed and your income is reasonably steady through the course of the year: You estimate your annual tax bill and send in quarterly estimated tax payments. If your income is unpredictable, though, it is an issue. Happily, the IRS does not demand that you be able to predict the future.
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