Jimmy (single) has a 2023 tax liability of $952. His AGI does not exceed $75,000. His 2022 tax liability was $811. Does he owe an estimated tax payment penalty for 2023? Why or why not? No. Jimmy does not owe a penalty because his 2023 tax liability is less than $1,000. No. Jimmy does not owe a penalty because his 2022 tax liability was under $1,000. Yes. Jimmy owes a penalty because his 2023 tax liability was greater than his 2022 tax liability. Yes. Jimmy owes a penalty because he owes under $1,000