Happy, Sleepy, Grumpy, and Doc all did not make adequate estimated payments. Which of them will not owe underpayment penalties for 2016 given the following information? $$\begin{array} { | l | r | r | r | }
\hline & \text { Tax fablity } & \text { Tax liablity } & \text { Tax liability } \
& 2016 & 2015 & \mathbf { 2 0 1 4 } \
\hline \text { Happy } &\$2,200&\$0&\$500\
\hline \text { Sleepy } & \$ 1,500 & \$500 & \$ 700 \
\hline \text { Grumpy } & \$ 1,200 & \$ 200 & \$ 0 \
\hline \text { Doc } & \$ 800 & \$ 1,100 & \$ 1,001 \
\hline
\end{array}$$

Question

Happy, Sleepy, Grumpy, and Doc all did not make adequate estimated payments. Which of them will not owe underpayment penalties for 2016 given the following information? $$\begin{array} { | l | r | r | r | } 
\hline & \text { Tax fablity } & \text { Tax liablity } & \text { Tax liability } \
& 2016 & 2015 & \mathbf { 2 0 1 4 } \
\hline \text { Happy } &\$2,200&\$0&\$500\
\hline \text { Sleepy } & \$ 1,500 & \$500 & \$ 700 \
\hline \text { Grumpy } & \$ 1,200 & \$ 200 & \$ 0 \
\hline \text { Doc } & \$ 800 & \$ 1,100 & \$ 1,001 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Happy, Sleepy, Grumpy, and Doc all did not make adequate estimated payments. Which of them will not owe underpayment penalties for 2016 given the following information? $$\begin{array} { | l | r | r | r | } 
\hline & \text { Tax fablity } & \text { Tax liablity } & \text { Tax liability } \
& 2016 & 2015 & \mathbf { 2 0 1 4 } \
\hline \text { Happy } &\$2,200&\$0&\$500\
\hline \text { Sleepy } & \$ 1,500 & \$500 & \$ 700 \
\hline \text { Grumpy } & \$ 1,200 & \$ 200 & \$ 0 \
\hline \text { Doc } & \$ 800 & \$ 1,100 & \$ 1,001 \
\hline
\end{array}$$

Happy, Sleepy, Grumpy, and Doc All Did Not Make Adequate