Jerrod (single) has a 2021 tax liability of $952. His AGI does not exceed $150,000. He had no 2021 withholding and did not make any estimated payments. His 2020 tax liability was $1211. Does he owe an estimated tax payment penalty for 2021 why or why not no jerrod does not owe a penalty because his 2021 tax liability is less than 1000 no jerrod does not owe a penalty because he was not subject to withholding yes jerrod owes a penalty because his 2020 tax liability was greater than his 2021 tax liability yes because he did not pay at least 90% of his 2021 tax liability through withholding or estimated payments