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This booklet provides instructions for taxpayers in Arizona regarding the Individual Estimated Income Tax Payment for the year 2025. It outlines who should use Form 140ES, details about estimated payments, due dates, and how to file, along with worksheets to compute estimated payments accurately.
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What is form 140es?
Form 140-ES is a form used by taxpayers to make estimated tax payments to the state.
Who is required to file form 140es?
Individuals and businesses that expect to owe tax of $1,000 or more when filing their return, and who do not have enough withholding to cover their tax liability.
How to fill out form 140es?
To fill out Form 140-ES, taxpayers need to provide their personal information, estimate their taxable income, calculate their estimated tax liability, and indicate the payment amount.
What is the purpose of form 140es?
The purpose of Form 140-ES is to allow taxpayers to make estimated tax payments to avoid penalties and interest for underpayment.
What information must be reported on form 140es?
Taxpayers must report their name, address, Social Security number, estimated income, deductions, and the amount of estimated taxes owed on Form 140-ES.
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