Amount of required installments
(A) First required installment
(A)First required installment#
In the case of the first required installment, subsection (d) shall be applied by substituting “50 percent” for “25 percent” in subsection (d)(1)(A).
(B)Determination of applicable percentage#
The applicable percentage for purposes of subsection (d)(2) shall be determined under the following table:
| In the case of the following required installments: | The applicable percentage is: |
|---|---|
| 1st | 22.5 |
| 2nd | 45 |
| 3rd | 67.5 |
| 4th | 90. |