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TAX YEAR PA-40ESR (F/C) (05-09) M D D Y Y Y DECLARATION OF ESTIMATED TAX OR ESTIMATED WITHHOLDING TAX FOR FIDUCIARIES & PARTNERSHIPS Y DATE FILED: EMPLOYER IDENTIFICATION NUMBER FISCAL FILERS ONLY

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What is declaration of estimated tax?

A declaration of estimated tax is a form that individuals and businesses use to report and pay their income tax on a quarterly basis, rather than waiting until the end of the year.

Who is required to file declaration of estimated tax?

Individuals and businesses are required to file a declaration of estimated tax if they expect to owe $1,000 or more in taxes for the year.

How to fill out declaration of estimated tax?

To fill out a declaration of estimated tax, you will need to provide your personal information, estimate your income for the year, calculate your estimated tax liability, and make quarterly payments based on that amount.

What is the purpose of declaration of estimated tax?

The purpose of a declaration of estimated tax is to ensure that individuals and businesses pay their income tax liability throughout the year, rather than in one lump sum at the end of the year.

What information must be reported on declaration of estimated tax?

The declaration of estimated tax requires reporting of personal information, estimated income, deductions, credits, and estimated tax liability for the year.

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