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What is Form 1040-ES and who needs to file it?

US tax filing

Form 1040-ES is how individuals pay estimated tax on income that has no withholding: self-employment income, K-1 distributions, interest, and capital gains.

It runs on a quarterly schedule rather than annually. Owners drawing from a pass-through entity usually need it, because no employer is withholding on their behalf. More on Form 1040.

Inkle Tax prepares and files US federal and state returns for your company.

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