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

question 73

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 2013 equal to what percentage of 2012's income tax liability?

• A)100%
• B)90%
• C)110%
• D)120%

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