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Caution: DRAFT TAX PRODUCT. This is an advance proof copy of an IRS tax form, instructions, or publication. It may be subject to change and OMB approval ...
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Who needs caution draft tax product?

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Individuals who receive income from multiple sources and need to report and reconcile their tax liabilities.
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Caution draft tax product is a form used by taxpayers to report estimated taxes before the tax year ends.
Taxpayers who anticipate owing taxes at the end of the year are required to file caution draft tax product.
You can fill out caution draft tax product by providing accurate information about your estimated income, deductions, and credits for the year.
The purpose of caution draft tax product is to help taxpayers avoid underpayment penalties by estimating and paying taxes throughout the year.
On caution draft tax product, taxpayers must report estimated income, deductions, credits, and tax payments for the year.
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