An individual who did not graduate from high school has less exposure to a negligence penalty from the IRS than a college graduate.

Question

Quizplus · Accepted Answer

Individuals with higher levels of education, such as college graduates, are more likely to be aware of tax laws and regulations, including the potential for negligence penalties from the IRS. Therefore, they may be more likely to take steps to avoid such penalties, such as seeking professional tax advice or carefully reviewing their tax returns before filing.

An Individual Who Did Not Graduate from High School Has