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Business, 30.11.2019 01:31 landonp101

Last year, bta corporation, a calendar-year taxpayer, reported a net operating loss of $10,000 and a $0 tax liability. bta confidently anticipates a current-year tax liability of $240,000. what minimum estimated tax payments should bta make for the first, second, third, and fourth quarters, respectively (ignore the annualized income method), assuming the following:
a) bta is not considered to be a large corporation for estimated tax purposes.
b) bta is considered to be a large corporation for estimated tax purposes.

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