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When reviewing a clients income tax return from the prior year you notice that she had adjusted gross income of $175,000 and paid federal income
When reviewing a clients income tax return from the prior year you notice that she had adjusted gross income of $175,000 and paid federal income tax of $31,500. Assuming that the clients income for this year will closely approximate that of last year, what is the minimum amount the client needs to pay in estimated payments or withholdings to meet the safe harbor rule? A. 28,350 B. 31,500 C. 28,000 D. None
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