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Why do glg workers need to pay taxes quarterly? Employers set each tax payment schedule to fit their business needs. Quarterly payments are combined with union dues to streamline payments. Since taxes are not taken out of each paycheck, quarterly payments help workers plan ahead. It's only because gig workers do not earn a steady paycheck regularly.

Problemas

Why do glg workers need to pay taxes quarterly?
Employers set each tax payment schedule to fit
their business needs.
Quarterly payments are combined with union dues
to streamline payments.
Since taxes are not taken out of each paycheck,
quarterly payments help workers plan ahead.
It's only because gig workers do not earn a steady
paycheck regularly.

Why do glg workers need to pay taxes quarterly? Employers set each tax payment schedule to fit their business needs. Quarterly payments are combined with union dues to streamline payments. Since taxes are not taken out of each paycheck, quarterly payments help workers plan ahead. It's only because gig workers do not earn a steady paycheck regularly.

Solución

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Ariellaprofessionell · Tutor durante 6 años
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The question is asking why gig workers need to pay taxes quarterly. The options provided are:<br /><br />1. Employers set each tax payment schedule to fit their business needs.<br />2. Quarterly payments are combined with union dues to streamline payments.<br />3. Since taxes are not taken out of each paycheck, quarterly payments help workers plan ahead.<br />4. It's only because gig workers do not earn a steady paycheck regularly.<br /><br />Option 1 is incorrect because it is not the employers but the tax authorities that set the tax payment schedule. Option 2 is also incorrect because union dues and tax payments are separate and are not combined. Option 4 is partially correct but does not fully explain why quarterly payments are necessary.<br /><br />Option 3 is the most accurate answer. Gig workers do not have taxes withheld from their paychecks like traditional employees do. Therefore, they need to make estimated tax payments quarterly to the IRS to avoid penalties and interest. This helps them plan ahead and ensures that they pay their taxes on time.
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