Sanjay owes $1500 In federal taxes for the current text year last year Sean Jay had a tax liability in the amount of 4000 however his tax liability this year is $6250 Sanjay did not realize he would owe federal taxes this year therefore he didn't make estimated tax payments for what reason might he owe an underpayment penalty? A Sanjay underpayment of tax was 1000 or more b Sanjay tax balance due is more than 20% of his total current tax year liability c

Sanjay owed more than 80% of tax shown on his prior year tax D Sanjay plans to make estimated tax payments for next year