Tax Withholding Assignment

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    Tax Withholding Assignment

    Tax Withholding Assignment Noel has been working part-time through college and earned $20,000 last year with a total federal income tax liability of $1,200. This year he will earn $100,000 with an expected income tax liability of $15,000. What is the lowest amount of tax withholding Noel should have to meet the safe harbor rules? A. $1,200. B. $12,000. C. $13,500. D. $15,000.Get Custom Essay Writing help today

    Tax Withholding Assignment

    Noel has been working part-time through college and earned $20,000 last year with a total federal income tax liability of $1,200. This year he will earn $100,000 with an expected income tax liability of $15,000. What is the lowest amount of tax withholding Noel should have to meet the safe harbor rules?
    A. $1,200.
    B. $12,000.
    C. $13,500.
    D. $15,000.Get Custom Essay Writing help today