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Business, 12.03.2021 15:00 ellamai16

This year, Santhosh, a single taxpayer, estimates that his tax liability will be $109,000. Last year, his total tax liability was $18,000. He estimates that his tax withholding from his employer will be $38,000.a. Is Santhosh required to increase his withholding or make estimated tax payments this year to avoid the underpayment penalty

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This year, Santhosh, a single taxpayer, estimates that his tax liability will be $109,000. Last year...

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