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In January, Katie inherited $2,000,000. Katie plans to invest this inheritance and expects to have an...

In January, Katie inherited $2,000,000. Katie plans to invest this inheritance and expects to have an additional investment income of approximately $100,000. Katie is concerned about estimated tax penalties since she has never had enough income to even file a tax return. She's asked you to give her advice regarding when and how much to pay in order to avoid estimated tax penalties when she files her return next April.

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