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Author Question: Amelida expects to earn $145,000 of AGI and $125,000 of taxable income this year. She is concerned ... (Read 44 times)

sdfghj

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Amelida expects to earn $145,000 of AGI and $125,000 of taxable income this year. She is concerned about underpayment penalties. Because of a substantial bonus, her prior year AGI was $155,000 and her taxable income was $135,000. She will not be subject to underpayment penalties for the current year if her estimated taxes equal or exceed any of the following criteria except
◦ the estimated payments total at least 90% of the tax due for the current year.
◦ the estimated payments total at least 100% of the tax due for the prior year.
◦ the estimated payments total at least 110% of the tax due for the prior year.
◦ the estimated tax is less than $1,000.


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Marked as best answer by sdfghj on Sep 13, 2020

akemokai

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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sdfghj

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Reply 2 on: Sep 13, 2020
:D TYSM


xiazhe

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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