A taxpayers tax liability for the prior tax year was $20,000. He tells you that...
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Accounting
A taxpayers tax liability for the prior tax year was $ He tells you that he earned a similar amount the most recent tax year. His AGI is $K His employer withheld $ for federal taxes throughout the year. If he wants to extend his tax return, what is the estimated tax he should pay to avoid penalty when he files his extension?
A taxpayers tax liability for the prior tax year was $ He tells you that he earned a similar amount the most recent tax year. His AGI is $K His employer withheld $ for federal taxes throughout the year. If he wants to extend his tax return, what is the estimated tax he should pay to avoid penalty when he files his extension?
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