Finanzas ComercialesPregunta 1188 de 1605
Estimated quarterly tax payments are generally required for a self-employed contractor because:
a.The CSLB collects income tax
b.No employer withholds tax from his income, so he must prepay throughout the year
c.Employees withhold his taxes for him
d.Sales tax is due quarterly only
Explicación
A self-employed contractor has no employer withholding taxes from a paycheck, so the IRS and California require estimated quarterly payments of income and self-employment tax to avoid underpayment penalties.
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Revisado por Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verificar)