Question
9. If the TP overpays her 2020 Federal income tax liability by $5,200, but wants to apply $3,000 of the overpayment to her 2021 estimated
9. If the TP overpays her 2020 Federal income tax liability by $5,200, but wants to apply $3,000 of the overpayment to her 2021 estimated Federal income tax liability, then she should enter $3,000 on:
a. Form 1040, Line 20.
b. Schedule 3, Line 8.
c. Form 1040, Line 17.
d. Form 1040, Line 22.
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Financial Accounting
Authors: Carl Warren, James M. Reeve, Philip E. Fess
8th Edition
0324025394, 978-0324025392
