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Which of the following statements regarding federal estimated income tax payments is true? Group of answer choices Estimates are required for taxpayers with investment income
Which of the following statements regarding federal estimated income tax payments is true?
Group of answer choices
Estimates are required for taxpayers with investment income (i.e. interest and dividends) in excess of $5,000.
Esimates must be made in increments of $500.
Estimates can be paid on a quarterly basis but do not have to be paid in all quarters.
Estimates are due on the 30th of each month.
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