Trump says he ‘prepaid’ his taxes. So do millions of other Americans. Here’s what that may mean

Author: External Author | | Categories: Income Tax Help , Tax Accountant , Tax Accounting , Tax Consultant , Tax Preparation , Tax Relief , Tax Resolution , Tax Resolution Services , Tax Resolution Specialist

President Donald Trump isn’t the only one who’s “prepaid” his taxes. Millions of other Americans have, as well.

At least that’s the case if he meant paying quarterly estimated taxes, according tax experts.

Talk of the president’s income tax returns — and the $750 he reportedly paid in 2016 and 2017, per The New York Times — made its way onto the stage Thursday night during his final debate against Democratic candidate Joe Biden.

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Original Article Source Credits:   CNBC , https://www.cnbc.com/

Article Written By:  Darla Mercado

Original Article Posted on:   OCT 23 2020

Link to Original Article:  https://www.cnbc.com/2020/10/23/trump-says-he-prepaid-his-taxes-so-do-millions-of-other-americans.html?&qsearchterm=tax



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