Question: Problem 9 - 1 1 Estimated Payments ( LO 9 . 3 ) Kana is a single wage earner with no dependents and taxable income
Problem
Estimated Payments LO
Kana is a single wage earner with no dependents and taxable income of $ in Her taxable income was $ and tax liability was $
Calculate Kana's income tax liability and Kana's minimum required annual payment necessary to avoid penalty. Round your answers to two decimal places.
Click here to access the income tax rate schedules.
Kana's income tax liability: $
Kana's minimum required annual payment necessary to avoid penalty: $
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