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Sheryl's AGI is $251,000. Her current tax liability is $52,168. Last year, her tax liability was $48,822. She will not owe underpayment penalties if her
Sheryl's AGI is $251,000. Her current tax liability is $52,168. Last year, her tax liability was $48,822. She will not owe underpayment penalties if her total estimated tax payments are at least which of the following amounts (assume she makes the required payments each quarter)?
$51,646
$48,822
$46,951
$53,704
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