What is the minimum penalty for a taxpayer who fails to file his or her return for over 60 days past the due date without reasonable cause?
A)The amount owed on the return
B)$135
C)The amount owed on the return or $135,whichever is less
D)4.5% of the amount owed on the return.

Question

Quizplus · Accepted Answer

The minimum penalty for a taxpayer who fails to file his or her return for over 60 days past the due date without reasonable cause is $135.

What Is the Minimum Penalty for a Taxpayer Who Fails