An Individual with AGI Equal to or Less Than $150,000

question 50

Multiple Choice

An individual with AGI equal to or less than $150,000 in the prior year may generally avoid penalties for underpayment of estimated tax in each of the following cases with the exception of

• A)estimated tax is less than $1,500.
• B)90% of the tax due for the current year is paid.
• C)90% of the tax due for the current year is paid when computed on an annualized basis.
• D)100% of the actual tax liability for the prior year is paid.

---

Definitions:

Learning

The process of acquiring knowledge or skills through experience, study, or being taught.

Classical Conditioning

A method of learning that takes place when an environmental cue is linked to a naturally happening stimulus.

Babysitter

A person who temporarily cares for children on behalf of the children's parents or guardians.

Specific Phobia

An intense, irrational fear of a particular object, situation, or activity that poses little to no actual danger.