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Sheena Maskell Sheena Maskell
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Posts: 1902
7 years ago
An individual with AGI equal to or less than $150,000 in the prior year may generally avoid penalties for underpayment of estimated tax in each of the following cases with the exception of
A) estimated tax is less than $500.
B) 90% of the tax due for the current year is paid.
C) 90% of the tax due for the current year is paid when computed on an annualized basis.
D) 100% of the actual tax liability for the prior year is paid.
Textbook 
Prentice Hall's Federal Taxation: 2011: Individuals

Prentice Hall's Federal Taxation: 2011: Individuals


Edition: 14th
Authors:
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Yoko900Yoko900
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Posts: 1876
7 years ago
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Sheena M. Author
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7 years ago
I took a chance with your answer

It was right
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