A taxpayer had AGI of $300,000 in 2018 and AGI of $250,000 in 2017. When filing her 2018 return, she expects her unpaid tax liability to be at least $1,000. She must make estimated payments equal to the smaller of 90% of the tax shown on her 2018 return or
A. 110% of the tax on the 2017 return because 2017 AGI was greater than 2018 AGI.
B. 110% of the tax on her 2017 return because 2017 AGI was more than $150,000.
C. 100% of the tax on her 2017 return regardless of 2018 AGI.
D. 100% of the tax on the 2017 return because 2018 AGI was more than $100,000.
Answer: B
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