#Scenario $11$: Estimated Taxes and Underpayment Wages: Sarah $($$$50,000)$ Self$-$Employment Income $($sole proprietorship$)$: $$95,000$ Interest and Dividend Income: $$500$ Itemized Deductions: $$66,000$ Allowable deduction for self$-$employment tax: $$7,700$ Qualifying

Children: $1($age $6)$ Additional Information: Total tax withheld from Sarah's wages: S $41,000$ No estimated tax payments were made on the self$-$employment income. Calculate: AGI, Taxable Income, Potential Child Tax Credits, Total Tax Liability Analyze whether Sarah might be subject to an underpayment penalty.