Last year, BTA Corporation, a calendar-year taxpayer, reported a net operating loss of $10,000 and a $0 tax liability. BTA confidently anticipates a
Last year, BTA Corporation, a calendar-year taxpayer, reported a net operating loss of $10,000 and a $0 tax liability. BTA confidently anticipates a current-year tax liability of $240,000. Determine the minimum estimated tax payments BTA should make for the first, second, third, and fourth quarters respectively (ignore the annualized income method) assuming the following: