Harmon,Inc.was incorporated and began business on January 1,2018.Its tax liability for 2018 was $36,000.Its tax liability for 2019 was $50,000.Which of the following is a correct statement concerning the payment of estimated taxes for 2019?
A) Harmon must pay $12,500 on the 15th day of April,June,September,and December.
B) Harmon must pay $9,000 on the 15th day of April,June,September and December.The $14,000 balance is payable by April 15,2020.
C) Harmon may pay the $50,000 tax no later than April 15,2020.
D) None of the above statements is correct.
Correct Answer:
Verified
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