Almond Corporation, a small calendar year C corporation, had taxable income of $800,000, $600,000 and...
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Accounting
- Almond Corporation, a small calendar year C corporation, had taxable income of $800,000, $600,000 and $400,000 for 2016, 2017, and 2018, respectively. Almonds taxable income is $900 million for 2019. Compute the minimum estimated tax payments that should have been made for 2019 for Almond Corporation, if Almond wants to avoid any penalty for underpayments of estimated taxes.
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