Mickey,a Calendar Year Taxpayer,filed a Return Correctly Showing No Income

question 37

Multiple Choice

Mickey,a calendar year taxpayer,filed a return correctly showing no income tax liability for 2007.During 2008,his AGI is $120,000 and his income tax liability was $20,000.To avoid a penalty for 2008,Mickey must make aggregate estimated tax payments of at least:

• A)$0.
• B)$1,000 (minimum estimate).
• C)$18,000.
• D)$20,000.

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Definitions:

Plastic Surgery

Medical procedures aimed at reconstructing or altering the human body for aesthetic or reconstructive purposes.

"Normal" Human Activity

Tasks or behaviors that are widely considered to be typical or expected within a society or cultural setting.

Disability

A condition, either physical or mental, that limits a person's movements, senses, or activities.

Impediment

An obstacle or barrier that prevents progress or makes it difficult to achieve a goal.