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Get Fyi Income 51

Ayers who own a seasonal business or receive a lump sum payment late in the year) and who elect annualized installments for the payment of their federal income tax may elect to use the annualized income installment method to compute their Colorado estimated tax payments. This method allows taxpayers to calculate each of their four required estimated payments separately based upon the amount of income they actually received in the months preceding the payment due date. Page 1 of 4 In order to.

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