The tax penalty imposed on appraisers:
A) Can be as much as 200% of the appraisal fee that was charged.
B) Is waived if the taxpayer also was charged with his or her own valuation penalty.
C) Equals 25% of the appraised value of the property with a $10,000 minimum penalty.
D) Applies only if the appraiser knew that the appraisal would be used in preparing a Federal income tax return.
Correct Answer:
Verified
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