In most cases, you must make estimated tax payments if you expect to owe $1,000 or more in taxes for the yearâover and above the amount withheld from your wages. In some cases, though, the $1,000 trigger point doesn't matter.
Natural Person Law and Legal Definition. Natural person is a real human being or an actual person as distinguished from a corporation which is often treated at law as a fictitious person. Legal Definition list.
natural. 1  of or arising from nature; in accordance with what is found or expected in nature. 2  produced or existing in nature; not artificial or manufactured. 3  dealing with nature as an object of study: a natural science. 4  in a state provided by nature, without man-made changes; wild; uncultivated.