Solution-On which date Helen first estimated tax payment

On which date Helen first estimated tax payment would due

Reference no: EM132549139

Question - Helen sold her investment property on August 1, 2018, at a gain of $100,000. Helen expects to owe $20,000 in additional income taxes on this sale. She plans on making estimated payments to cover the expected tax liability. Helen's first estimated tax payment would be due on which date?

a. January 15, 2019

b. September 15, 2018

c. June 15, 2018

d. April 15, 2018

Reference no: EM132549139

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On which date Helen first estimated tax payment would due

Reference no: EM132549139

Reference no: EM132549139

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