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  3. a taxpayer with 2017 agi of $160,000 has no income

A taxpayer with 2017 AGI of $160,000 has no income tax withholding and is required...

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Accounting

A taxpayer with 2017 AGI of $160,000 has no income tax withholding and is required to pay estimated taxes. The taxpayer can avoid an underpayment penalty by paying:

a. At least 90% of the 2016 tax liability ratably over four quarterly payments.

b. At least 110% of the 2017 tax liability ratably over four quarterly payments.

c. At least 90% of the 2017 tax liability ratably over four quarterly payments.

d. 100% of the 2017 tax liability ratably over four quarterly payments.

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