Robin Corporation, a calendar year C corporation, had taxable income of $700,000, $1.2 million, and $1 million for 2017, 2018, and 2019, respectively. Robin has taxable income of $1.8 million for 2019. The minimum 2020 estimated tax installment payments for Robin are:
A. April 15, 2020, $52,500; June 15, 2020, $52,500; September 15, 2020, $52,500; December 15, 2020, $52,500.
B. April 15, 2020, $52,500; June 15, 2020, $94,500; September 15, 2020, $94,500; December 15, 2020, $94,500.
C. April 15, 2020, $94,500; June 15, 2020, $94,500; September 15, 2020, $94,500; December 15, 2020, $94,500.
D. April 15, 2020, $52,500; June 15, 2020, $136,500; September 15, 2020, $94,500; December 15, 2020, $94,500.
E. None of these.
Answer: D
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