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GRAND 12NATIONAL SENIOR CERTIFICATEGRADE 12MUSC.1 MUSIC P1 NOVEMBER 2014CENTRE NUMBER:EXAMINATION NUMBER:MARKS: 120 TIME: 3 fourths question paper consists of 20 pages and 1 page of manuscript paper.
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How do I estimate refers to the process of calculating the expected cost or tax liability based on available data.
Individuals and businesses that expect to owe a certain amount of tax or need to report earnings are typically required to file for estimated taxes.
To fill out how do I estimate, you need to gather your financial information, determine your expected tax liability, and then complete the appropriate tax forms.
The purpose of how do I estimate is to provide a method for taxpayers to pay their tax liabilities throughout the year to avoid large payments at tax filing time.
Information that must be reported includes estimated income, expenses, and any taxes already paid or withheld during the period.
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