Ms. Dela filed her unextended 2011 Form 1040 on November 2, 2012, 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:
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