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Kris and Jess, who are married, are trying to determine if they are required to pay estimated taxes. Because their combined AGI exceeds $150,000, they are restricted from _____.
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Withholding federal income taxes from their wages |
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Using the tax they expect to show on next year's return to figure estimated tax payments |
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Using 100% of the tax shown on last year's return to determine if they must pay estimated tax payments |
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Filing separately |
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