Concerning a taxpayer's requirement to make quarterly estimated tax payments:
a) An estate is not required to make estimated payments.
b) A trust must make estimated payments if its federal income tax liability for the year will exceed $500.
c) A C corporation must make estimated payments if its federal income tax liability for the year will exceed $250.
d) An individual must make estimated payments if his or her balance due for the federal income tax for the year will exceed $1,000.