Which of the following is not an acceptable method of determining the required annual payment of federal income tax for corporations?
A) 100 percent of the prior year's tax liability (with a few exceptions).
B) 100 percent of the estimated current year tax liability using the annualized income method.
C) 100 percent of the current year's tax liability.
D) All of the choices are acceptable methods of determining the required annual payment of federal income tax for corporations.

Question

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The Answer of Which of the following is not an acceptable method of determining the required annual payment of federal income tax for corporations?
A) 100 percent of the prior year's tax liability (with a few exceptions).
B) 100 percent of the estimated current year tax liability using the annualized income method.
C) 100 percent of the current year's tax liability.
D) All of the choices are acceptable methods of determining the required annual payment of federal income tax for corporations.

Which of the Following Is Not an Acceptable Method of Determining