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Kitty's Tax Return, Which She Filed on April 15, Showed

Question 35

Short Answer

Kitty's tax return, which she filed on April 15, showed a balance due of $8,500. She did not have the money to pay this amount. On September 20, she was finally able to borrow sufficient money to pay the debt. What is Kitty's late payment penalty?

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$255; 6 mo...

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