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In 2019, NB Inc.s federal taxable income was $246,000. Compute the required installment payments of 2020 tax in each of the following cases: Required: NBs

In 2019, NB Inc.s federal taxable income was $246,000. Compute the required installment payments of 2020 tax in each of the following cases:

Required:

  1. NBs 2020 taxable income is $556,000.
  2. NBs 2020 taxable income is $837,000.
  3. NBs 2020 taxable income is $1,390,000.

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