Millies 2019 tax liability is $41,293. Her AGI is greater than $150,000 m. Her 2019 withholding is $36,910. Her 2018 tax liability was $29,570. Does she owe an estimated tax penalty payment for 2019? Why or why not?

- yes. She owes a penalty because her balance due is greater than $1000.

- yes. She owes a penalty because she did not have at least 100% of her tax liability withheld during the year.

- no. She does not owe a penalty because her 2019 withholding was greater than 110% of her 2018 tax liability.

- no. She does not owe a penalty because her 2019 withholding is at least 90% of her 2018 tax liability.