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Vinitpaul has the following information: AGI for 2021 Withholding for 2021 Total tax for 2020 Total tax for 2021 Required: $ 155,000 $ 24,600

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Vinitpaul has the following information: AGI for 2021 Withholding for 2021 Total tax for 2020 Total tax for 2021 Required: $ 155,000 $ 24,600 $ 29,400 $ 28,947 a. How much must Vinitpaul pay in estimated taxes to avoid a penalty? Note: Round the final answer to nearest whole dollar amount. Minimum estimated tax payment b. If Vinitpaul had paid $1,000 per quarter, would he have avoided the estimated tax penalty? Yes No

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