A calendar-year individual contractor follows FTB's 2026 estimated-tax installment pattern of 30 percent, 40 percent, 0 percent, and 30 percent. If estimated CA tax is $10,000, how much is due with the second installment?
Correct Answer
A) $4,000.
The second installment is 40 percent of the estimated tax. Forty percent of $10,000 is $4,000.
Why This Is the Correct Answer
The second installment is 40 percent of the estimated tax. Forty percent of $10,000 is $4,000.
Why the Other Options Are Wrong
Option B: $3,200.
$3,200. is below the supported result for estimated tax payments; it likely uses the wrong base, period, or account bucket.
Option C: $3,500.
$3,500. is below the supported result for estimated tax payments; it likely uses the wrong base, period, or account bucket.
Option D: $9,000.
$9,000. is above the supported result for estimated tax payments; it likely adds an unsupported amount or compares the wrong financial base.
Memory Technique
Second and installment live in different drawers; Planning Estimated-Tax tells which opens.
Reference Hint
Study anchor (closed-book): memorize Estimated tax payments from CSLB Law and Business Study Guide; California Franchise Tax Board. / California Franchise Tax Board estimated tax payment installments; know the rule or calculation trigger without relying on exam-room lookup.
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