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related to the practice, at times required by law, of deducting money upfront before paying the balance. Generally used in the context of taxes.
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How does tax withholding work for capital gains of selling stock?
I am new in the United States, and before I moved here I did not deal with the concept of tax withholding and capital gains tax. … If not, do I just wait for April 15, or do I have to do something to avoid underpayment penalty (e.g. increasing my salary withholding)? …