There is a penalty for underpayment of taxes if the total of combined withholding and estimated tax
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There is a penalty for underpayment of taxes if the total of combined withholding and estimated tax payments does not equal 90% of the tax shown on the current return, or: 90% of the tax paid in the previous year 90% of the tax shown on the previous return 100% of the tax paid in the previous year 100% of the tax shown on the previous return
Related Book For
Vector Mechanics for Engineers Statics and Dynamics
ISBN: 978-0073398242
11th edition
Authors: Ferdinand Beer, E. Russell Johnston Jr., David Mazurek, Phillip Cornwell, Brian Self
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