A % penalty may result when the value of an asset contributed to a charity is reported at an amount that exceeds 150% of the correct valuation.
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Q103: If the taxpayer shows for an underpayment
Q104: The IRS can waive the penalty for
Q105: The taxpayer can avoid a valuation penalty
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Q111: The Treasury document regulating the professional conduct
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Q113: An individual is not subject to an
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