Question: True / False . The Quarterly Income method is used by corporations to make their quarterly estimated tax payments. Under this method, corporations calculate their

True

/

False

.

The Quarterly Income method is used by corporations to make their quarterly estimated tax payments. Under this method, corporations calculate their taxable income at the end of each quarter and then annualize the amounts to the determine their minimum required estimated tax payment.

True/False. The Quarterly Income method is used by corporations to make

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