Pete has reported a tax liability of $3,500 on his 2016 tax return. His 2017 withholding was $3,800. He did not file his 2017 return until June 12, 2018. What penalties does Pete owe?

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The Answer of Pete has reported a tax liability of $3,500 on his 2016 tax return. His 2017 withholding was $3,800. He did not file his 2017 return until June 12, 2018. What penalties does Pete owe?

Pete Has Reported a Tax Liability of $3,500 on His