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A corporation that has paid the lesser of their current year tax liability or their prior...

A corporation that has paid the lesser of their current year tax liability or their prior yerar liability may be subject to an underpayment penalty if their total tax liability is equal to or greater than

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A corporation that has paid the lesser of their current year tax liability or their prior year liability may be subject to an underpayment penalty if their total tax liability is equal to or greater than $1,000.

A tax penalty is enacted for not paying enough of total estimated tax and withholding.

ekkarill92 answered 2 years ago
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