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Kendrick C. Fen tress Associate General Counsel Mailing Address: NCR 20/P. O. Box 1551 Raleigh, North Carolina 27602 o: 919.546.6733 f: 919.546.2694 Kendrick. Fentress@duke energy.com April 30, 2021,
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DEC (Declaration of Estimated Contributions) and DEP EV (Declaration of Estimated Payment Electronic Version) are forms used to report estimated tax payments and contributions for the fiscal year.
Individuals and businesses who expect to owe a certain amount of tax for the year are required to file DEC and DEP EV forms.
To fill out DEC and DEP EV, one should provide personal identification details, estimate their income and deductions, and calculate the expected tax liability.
The purpose of DEC and DEP EV is to inform tax authorities of an individual's or business's estimated tax payments to ensure compliance and proper planning for tax liabilities.
The information that must be reported includes personal information, estimated income, deductions, credits, and the calculated estimated tax due.
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