Sheryl's AGI is $250,300. Her current tax liability is $52,098. Last year, her tax liability was $48,752. She will not owe underpayment penalties if her total estimated tax payments are at least which of the following (rounded) amounts? (Assume she makes the required payments each quarter.)
A) $46,888
B) $48,752
C) $51,577
D) $53,627
Correct Answer:
Verified
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