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What is the amount n must have paid for each quarter

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Problem 1: For 2019, Corporation N, a calendar-year taxpayer, had a tax liability of $100,000. N's 2018 tax liability was $200,000. What is the amount N must have paid for each quarter for 2019 to avoid any penalty or interest for underpayment of estimated tax?

a. $22,500
b. $23,250
c. $25,000
d. $50,000

Reference no: EM132946227

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