Amy is a single taxpayer. Her income tax liability in the prior year was $5,178. Amy earns $50,000 of income ratably during the current year and her tax liability is $4,372. In order to avoid penalty, Amy’s smallest amount of required annual withholding and estimated payments is: a. $4,372 b. $3,935 c. $5,178 d. $4,660 e. $5,696

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