Ajax Corporation expects to have a $100,000 regular tax and a $70,000 AMT for the current year.

Question:

Ajax expects to have a $100,000 regular tax and a $70,000 AMT for the current year. Last year, it had a $200,000 regular tax and no AMT. What minimum quarterly estimated tax payment must Ajax make for the current year?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...