Ms.Dela filed her unextended 2018 Form 1040 on November 2,2019,and had no reasonable cause for the delinquency.The return showed a $22,840 balance of tax due.Compute Ms.Dela's late-filing and late-payment penalty.
A) $5,710
B) $7,994
C) $5,938
D) $4,568
Correct Answer:
Verified
Q23: If a taxpayer has insufficient financial means
Q33: Which of the following statements about taxpayer
Q34: A person can't be relieved of liability
Q38: Taxpayers who win their case in court
Q39: Only the government may appeal a tax
Q39: Which of the following statements about federal
Q40: If a taxpayer fails to pay a
Q40: If the IRS assesses additional tax against
Q41: Which type of audit is handled by
Q42: Mrs.Jordan applied for an automatic six-month extension
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents