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How does an employee pay imputed income taxes?

Answer:
Imputed Tax is on imputed income...say like a taxable employee benefit (say your employer giving you a car). The value of the benefit is included in taxable income that withholding and such is determined from...so your estimated payments are made on it...and it is included in the taxable income on your W-2, so the tax you calculate on your retur includes it as well.
First answer by IamLostRU. Last edit by IamLostRU. Contributor trust: 1567 [recommend contributor recommended]. Question popularity: 1 [recommend question].

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