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Jam Time Inc. (a large corporation) made a payment for taxes due when they filed their form 1120 tax return in March. Did Jam Time

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Jam Time Inc. (a large corporation) made a payment for taxes due when they filed their form 1120 tax return in March. Did Jam Time Inc. pay their Corporate taxes correctly? a. No, they are required to make estimated tax payments every quarter. b. No, they are to withhold income semiannually and remit payment with form 1121 Yes, as long as the taxes due are paid by the corporate tax return deadline. d. Yes, since they are not an employee like an individual taxpayers then they do not have withholdings

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