Question

In January, Ms. NW projects that her employer will withhold $25,000 from her 2016 salary. However, she has income from several other sources and must make quarterly estimated tax payments. Compute the quarterly payments that result in a 2016 safe- harbor estimate assuming that:
a. Her 2015 AGI was $176,000, and her tax was $47,200.
b. Her 2015 AGI was $139,000, and her tax was $36,800.


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  • CreatedNovember 03, 2015
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