What are LNS minimum first quarter estimated tax payments

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Problem - For the current year, LNS corporation reported the following taxable income at the end of its first, second, and third quarters.

Quarter End

Cumulative Taxable Income

First

$1,690,000

Second

2,540,000

Third

3,540,000

Required - What are LNS's minimum first, second, third, and fourth quarter estimated tax payments, using the annualized income method?

Reference no: EM132649001

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