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A taxpayer's 2020 AGI was $38,000 and his income tax liability was $2,926. The taxpayer will have a higher tax liability in 2021 than in
A taxpayer's 2020 AGI was $38,000 and his income tax liability was $2,926. The taxpayer will have a higher tax liability in 2021 than in 2020. How much estimated tax must the taxpayer pay to ensure that he will not owe a penalty for underpayment of tax in 2021? O A. $2,633 B. $2,926 O O C. $3,219 O D. $3,800
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Financial Information Analysis 2e
Authors: Philip ORegan
2nd Edition
0470865725, 978-0470865729
