TTT Corporation has a fiscal year-end that ends on March 30.It is required to make quarterly estimated payments.The first estimated payment will be due on the 15^th of:

Question

Quizplus · Accepted Answer

Since TTT Corporation's fiscal year ends on March 30, the first quarter of the fiscal year ends on June 30. Therefore, the first estimated payment is due on the 15th day of the month following the end of the quarter, which would be July 15. Therefore, the correct answer is C.

TTT Corporation Has a Fiscal Year-End That Ends on March