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In 2020 Kevin paid Federal Income Tax of $12,000. In 2021 the withholding from his salary is $9,000. In 2021 Kevin estim

Posted: Thu May 19, 2022 2:09 pm
by answerhappygod
In 2020 Kevin paid Federal Income Tax of $12,000. In 2021 the
withholding from his salary is $9,000. In 2021 Kevin estimates that
his federal income tax will be $10,000. Kevin wants to pay the
least amount of tax as possible this year. The least amount tax
that Kevin must pay to avoid an estimated tax penalty for 2021 is
$1000. Select one: True False