If a Taxpayer's AGI Is Greater Than $150,000,no Penalty Will

question 40

Multiple Choice

If a taxpayer's AGI is greater than $150,000,no penalty will be imposed if the taxpayer pays estimated tax payments in 2017 equal to what percentage of 2016's income tax liability?

• A)100%
• B)90%
• C)110%
• D)120%

---

Definitions:

Hostility

An emotion or attitude characterized by bitterness, aggression, and a tendency to initiate conflict or react aggressively to challenges.

Trait Factor

An element or characteristic that contributes to the makeup of an individual's personality traits.

Gregariousness

The quality of being sociable, outgoing, and enjoying the company of others.

Trait Factor

An element or characteristic that is considered to be a part of an individual's personality or aptitude profile.