Estimated tax definition

Estimated tax means the amount that the taxpayer estimates to be the taxpayer’s income tax under this part for the taxable year less the amount which the taxpayer estimates to be the sum of any credits allowable for tax withheld.
Estimated tax means an amount calculated for a partner in an
Estimated tax means the amount of tax which a taxpayer estimates as being imposed by Article 2

Examples of Estimated tax in a sentence

  • Estimated tax savings are calculated by using the most currently published tax rates and exemptions at the time of invoice for the Subject Property.


More Definitions of Estimated tax

Estimated tax means an amount calculated for a partner in an eligible position equal to 6.37 percent of the lesser of: a. the amount of the partner's net income from the eligible partnership that is sourced to New Jersey as reflected in Column B of the partner's Schedule NJK-1 of the application year less the amount of the partner's net income from the eligible partnership that is sourced to New Jersey as reflected in column B of the partner's Schedule NJK-1 in the foundation year; or b. the net of all items of partnership income upon which tax has been paid as reflected on the partner's New Jersey Gross Income Tax return in the application year.
Estimated tax means the amount which the insurance company estimates as the amount of the tax
Estimated tax means the amount that the taxpayer estimates to be the taxpayer’s income tax under this part for the
Estimated tax means the amount which an individual estimates
Estimated tax for any year means tax computed by applying the applicable rate under section 34 to the estimated turnover for that year;
Estimated tax means the total amount of tax that a person estimates will be due for a taxable year under this Part, exclusive of a withholder's liability for taxes withheld, less any allowable credits for that taxable year.[PL 2007, c. 438, §105 (AMD).]
Estimated tax means the estimated tax m installment computed by any person liable to pay tax m installment pursuant to Section 95 at the time when the installment tax is to be paid in any year.