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Robin Corporation, a Calendar Year C Corporation, Had Taxable Income

Question 15

Multiple Choice

Robin Corporation, a calendar year C corporation, had taxable income of $700,000, $1.2 million, and $1 million for 2016, 2017, and 2018, respectively. Robin has taxable income of $1.8 million for 2018. The minimum 2019 estimated tax installment payments for Robin are:


A) April 15, 2019, $52,500? June 17, 2019, $52,500? September 16, 2019, $52,500? December 16, 2019, $52,500.
B) April 15, 2019, $52,500? June 17, 2019, $94,500? September 16, 2019, $94,500? December 16, 2019, $94,500.
C) April 15, 2019, $94,500? June 17, 2019, $94,500? September 16, 2019, $94,500? December 16, 2019, $94,500.
D) April 15, 2019, $52,500? June 17, 2019, $136,500? September 16, 2019, $94,500? December 16, 2019, $94,500.
E) None of the above.

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