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Figure 7-2 Refer to the accompanying figure. The line on the graph labeled C represents the ____.
Estimated Payments
Quarterly payments made towards the expected tax liability for the year, common for self-employed individuals or those without sufficient tax withholding.
Form 1040
The standard IRS form that individuals use to file their annual income tax returns.
Household Workers
Individuals employed within a private home to perform domestic tasks, such as cleaning, cooking, and childcare.
Quarterly 941 Return
A quarterly tax form employers file to report federal withholdings and Social Security and Medicare taxes for employees.
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