Bill's 2022 income tax return, which was for a full year, showed an AGI of $140,000 and an income tax liability of $32,100. He estimates his 2023 income tax to be $38,000 and his total wage withholding to be $5,000. What minimum amount of estimated tax payments must Bill pay for 2023? 

Answer rating: 100% (QA)

To calculate the minimum amount of estimated tax payments Bill must pay for 2023 we need to consider ... View the full answer