Paul pay in estimated taxes to avoid a penalty

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Reference no: EM13499875

Paul has the following information:

AGI for 2013 = $155,000
Withholding for 2013 = $ 20,000
Total tax for 2012= $ 29,000
Total tax for 2013= $ 31,250
How much must Paul pay in estimated taxes to avoid a penalty?

Reference no: EM13499875

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