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In 2020, NB Incorporated's federal taxable income was $260,000. Compute the required installment payments of 2021 tax in each of the following cases Required: a.
In 2020, NB Incorporated's federal taxable income was $260,000. Compute the required installment payments of 2021 tax in each of the following cases Required: a. NB's 2021 taxable income is $390,000. b. NB's 2021 taxable income is $912,000. c. NB's 2021 taxable income is $1.291,000. Amount a Total installment payments b. Total installment payments Total installment payments
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