Mickey, a Calendar Year Taxpayer, Was Not Required to File

question 139

Multiple Choice

Mickey, a calendar year taxpayer, was not required to file a 2011 Federal income tax return because his AGI was negative due to business losses.During 2012, his AGI is $120,000 and his tax liability is $10,000.To avoid a penalty for tax underpayments for 2012, Mickey must make aggregate estimated tax payments of at least:

• A)$10,000.
• B)$9,000.
• C)$1,000 (minimum amount).
• D)$0.

---

Definitions:

Speculum Insertion

The placement of a medical tool known as a speculum into a body cavity, like the vagina or anus, to allow for examination and access.

Sexual Maturity Rating

A scale used to assess the development of secondary sexual characteristics during puberty, also known as Tanner staging.

Pubic Hair

Coarse body hair that develops in the genital area as part of human puberty.

Vellus Hair

Fine, light-colored hair that covers most of the body, often referred to as "peach fuzz."