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Paul has the following information: AGI for 2019 Problem 2-44 (LO 2-6) Paul has the following information: AGI for 2019 Withholding for 2019 Total tax

Paul has the following information: AGI for 2019
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Problem 2-44 (LO 2-6) Paul has the following information: AGI for 2019 Withholding for 2019 Total tax for 2018 Total tax for 2019 = $155,000 = $ 24,000 = $ 29,000 = $ 28,447 Required: a. How much must Paul pay in estimated taxes to avoid a penalty? (Round the final answer to nearest whole dollar amount.) Minimum estimated tax payment b. If Paul had paid $1,000 per quarter, would he have avoided the estimated tax penalty? Yes O No

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