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The clipping this text was read from
The clipping this text was read from

The first installment of 1983 estimated Federal income tax payments by individuals is due April 15.

Generally, individuals who have estimated tax of $.300 or more and estimated gross income of more than $500 that is not subject to withholding must file a Form 1040ES, Estimated Tax for Individuals. Examples of income not subject to withholding are business income, proceeds from the sale of property and interest and dividend income. Later in 1983, interest and dividend income will be subject to 10% withholding for taxes. Estimated tax pay

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