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QUESTION 64 2.5 p! Cindy's current year adjusted gross income (AGI) is $300,000 and her...

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QUESTION 64 2.5 p! Cindy's current year adjusted gross income (AGI) is $300,000 and her current year total tax liability is $60.000. Her immediate prior year AGI is $200.000 with a total tax liability of $40,000. To avoid an underpayment interest penalty, what is Cindy's minimum required total tax payment amount for the current year? O $60,000 O $54,000 O $44.000 O $40,000 O $36.000 QUESTION 65 1 points If an annuitant dies before recovering the entire investment cost basis in the annuity contract, the amount of the unrecovered investment is allowed as an itemized deduction on the taxpayer's final income tax return True O False Save Save Al Answers Click Save and Submit to save and submit. Click Save All Answers to save all answers

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