Where mail federal taxes

In the United States, federal taxes are typically paid through a combination of withholding and quarterly estimated tax payments. Here are the general guidelines:

Withholding:

• Employers are required to withhold federal income taxes from their employees' paychecks and submit them to the IRS on behalf of their employees.
• The amount withheld is based on the employee's tax withholding status, which is usually determined by the employee's W-4 form.
• Common withholding scenarios include:
  • Single filers with no dependents: 10% to 24% of gross income
  • Married couples filing jointly with no dependents: 10% to 24% of gross income
  • Head of household filers with no dependents: 10% to 24% of gross income

Quarterly Estimated Tax Payments:

• Self-employed individuals, freelancers, and businesses with no withholding are required to make quarterly estimated tax payments to the IRS.
• These payments are due on:
  • April 15th for the first quarter (January 1 - March 31)
  • June 15th for the second quarter (April 1 - May 31)
  • September 15th for the third quarter (June 1 - August 31)
  • January 15th of the following year for the fourth quarter (September 1 - December 31)
• The estimated tax payment amount is based on the taxpayer's expected annual income and tax liability.

Annual Tax Return:

• By April 15th of each year, taxpayers must file their annual federal income tax return (Form 1040) and report their total income and tax liability for the year.
• If the taxpayer has already made estimated tax payments, they will report those payments on their annual return.

Additional Taxes:

• Some taxpayers may also need to pay additional taxes, such as:
  • Self-employment tax (15.3% of net earnings from self-employment)
  • Alternative minimum tax (AMT)
  • Foreign earned income tax

It's essential to keep accurate records of your income, expenses, and tax payments throughout the year to ensure you're meeting your federal tax obligations. If you're unsure about your tax situation or have questions, consider consulting a tax professional or the IRS website (irs.gov).