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Business, 14.11.2019 20:31 spinshot13

This year, santhosh, a single taxpayer, estimates that his tax liability will be $113,500. last year, his total tax liability was $19,500. he estimates that his tax withholding from his employer will be $39,500. a. is santhosh required to increase his withholding or make estimated tax payments this year to avoid the underpayment penalty?

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