Grouse Corporation, a calendar year C corporation, had taxable income of $1,400,000, $1,200,000, and $700,000 for 2017,

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Grouse Corporation, a calendar year C corporation, had taxable income of $1,400,000, $1,200,000, and $700,000 for 2017, 2018, and 2019, respectively. Grouse has taxable income of $1,600,000 for 2020. What are Grouse Corporation’s minimum required estimated tax payments for 2020?

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South Western Federal Taxation 2020 Corporations, Partnerships, Estates And Trusts

ISBN: 9780357109168

43rd Edition

Authors: William A. Raabe, James C. Young, William H. Hoffman, Annette Nellen, David M. Maloney

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Question Posted: Sep 18, 2019 01:31 PM

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Grouse Corporation, a calendar year C corporation, had taxable income of $1,400,000, $1,200,000, and $700,000 for 2017,

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Grouse a large corporation may use the prior years tax liability exception only for pu...View the full answer

South Western Federal Taxation 2020 Corporations, Partnerships, Estates And Trusts

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