3. John owes federal taxes for the current tax year. John may owe an underpayment penalty if: a) He owes more than $1,000 to the IRS as a current year tax liability. b) His tax balance due is more than 20% of his total current tax year liability c) He paid estimated tax payments as required d) He plans to make estimated tax payments for next year 4. After 10 years of marriage, Bill and Wilma divorced last year. They just received a notice from the IRS stating there is a substantial amount of tax due on a joint return they filed 2 years ago. The return had been prepared by Bill and they received a $1,500 refund. The IRS notice stated that Bill had lottery winnings of $44,000 that were not included on the return, resulting in a payment due of $7,500 plus interest. Wilma had no knowledge of Bill's lottery winnings and feels it is unfair she should have to pay. What can she do? a) b) c) d) Since this was joint return, signed by Wilma, she cannot do anything She can file an injured spouse claim. She can file for innocent spouse relief She should apply to the IRS for equitable relief