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Publication 505ContentsTax Withholding and Estimated Introduction. . . . . . . . . . . . . . . . . . 1Cat. No. 15008E Department of the Treasury Internal Revenue ServiceNow use in2016What\'s New for
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Gather all necessary tax documents such as W-2 forms and 1099s.
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Read through Publication 505 to understand the guidelines and instructions for filling out the form.
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Who needs about publication 505 tax?

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Individuals who need to adjust their tax withholding throughout the year.
02
Taxpayers who have income that is not subject to withholding such as self-employment income or investment income.
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Publication 505 tax provides information on withholding from paychecks, estimated tax payments, and self-employment tax.
Individuals who have income that is not subject to withholding or who have income from self-employment are required to file about publication 505 tax.
To fill out about publication 505 tax, individuals must calculate their estimated tax liability, determine if they need to make estimated tax payments, and complete Form 1040-ES if necessary.
The purpose of about publication 505 tax is to help individuals understand their tax obligations and make timely and accurate estimated tax payments.
Information such as income not subject to withholding, self-employment income, deductions, credits, and other tax-related information must be reported on about publication 505 tax.
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