Question: Multiple Cholce Questlon Which statement best describes how taxpayers pay their taxes to the IRS? It is a pay - as - you - go
Multiple Cholce Questlon
Which statement best describes how taxpayers pay their taxes to the IRS?
It is a payasyougo system utilizing withholding of tax from paychecks or making estimated payments.
Taxes are owed on April and no payments are required until that date.
If you had a refund last year, there is no need to make payments this year until the return is due.
You can extend your return until October of each year and pay taxes owed at that time.
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