Individual income taxes are largely collected:

Question

Quizplus · Accepted Answer

Individual income taxes are primarily collected through a combination of withheld tax (from paychecks) and individual tax due filing payments (typically made annually by April 15th for the previous tax year). This system ensures that taxpayers are paying their owed taxes throughout the year rather than in one lump sum. Estimated tax payments may also be required for some taxpayers who have income that is not subject to withholding.

Individual Income Taxes Are Largely Collected