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MoneyMolecule$MoneyMolecule
TermTaxes

Estimated taxes

Quarterly tax payments on income that has no withholding, like freelance or investment income.

Watch out for this

Skip them and you can owe penalties at filing time.

About this entry: short by design — every term in The Money Translator gets a one-sentence definition and a one-sentence reason to care. Some terms get deeper guides under the work.

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