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2018 ESTIMATE TAX FORM CCA DIVISION OF TAXATION 205 W SAINT CLAIR AVE CLEVELAND OH 441131503 216.664.2070 800.223.6317 www.ccatax.ci.cleveland.oh.usINSTALLMENT SCHEDULE FOR ESTIMATED PAYMENTS 1st
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How to fill out 2018 estimate tax form

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How to fill out 2018 estimate tax form

01
Step 1: Start by downloading Form 1040-ES, which is the Estimated Tax for Individuals form for the year 2018.
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Step 2: Fill out your personal information, including your name, Social Security number, and address, in Part I of the form.
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Step 3: Estimate your total income for the year and enter it in Part II of the form. Include all sources of income, such as wages, self-employment earnings, rental income, and investment income.
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Step 4: Calculate your adjusted gross income (AGI) by subtracting any adjustments or deductions from your total income. Enter the AGI in Part III of the form.
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Step 5: Determine your estimated tax liability by using the IRS Tax Table or the Annualized Income Installment Method. Enter the amount in Part IV of the form.
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Step 6: Report any credits or other taxes that apply to you in Part V of the form.
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Step 7: Calculate your estimated tax payments by subtracting any withholding or tax credits from your estimated tax liability. Enter the amount in Part VI of the form.
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Step 8: Make sure to include any penalties or interest you may owe, if applicable, in Part VII of the form.
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Step 9: Sign and date the form, and include the payment for your estimated tax liability if required.
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Step 10: Keep a copy of the completed form for your records and submit the form to the IRS according to the instructions provided.

Who needs 2018 estimate tax form?

01
Anyone who expects to owe taxes on their income that is not subject to withholding needs to fill out the 2018 estimate tax form. This includes self-employed individuals, freelancers, and individuals with significant investment income. It is also recommended for individuals who have had tax liability in previous years and want to avoid underpayment penalties by making estimated tax payments.
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