Virginia Estimated Tax Payments 2024 India. Because va's 2023 return had an underpayment of taxes, tt has created vouchers and a schedule for me to pay estimated taxes for 2024 based on what i owed to va for 2023. Rate for addition to tax for underpayments of estimated tax.
Taxes must be paid throughout the year as you earn income, and in some cases, if you do not have sufficient (or any) tax withholdings from some/all of your income, you must make estimated tax payments in order to minimize or avoid estimated tax penalties. The second advance tax installment must be paid by september 15, 2024.
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