In January, Ms. NW projects that her employer will withhold $25,000 from her 2019 salary. However, she
Question:
In January, Ms. NW projects that her employer will withhold $25,000 from her 2019 salary. However, she has income from several other sources and must make quarterly estimated tax payments. Compute the quarterly payments that result in a 2019 safe-harbor estimate assuming that:
a. Her 2018 AGI was $176,000, and her tax was $47,200.
b. Her 2018 AGI was $139,000, and her tax was $36,800.
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Related Book For 
Principles Of Taxation For Business And Investment Planning 2019 Edition
ISBN: 9781260161472
22nd Edition
Authors: Sally Jones, Shelley C. Rhoades Catanach, Sandra R Callaghan
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