Ms. Dela filed her unextended 2012 Form 1040 on November 2, 2013, 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
Q8: A professional tax return preparer must attach
Q23: A person can't be relieved of liability
Q24: Ms. Hepp filed her 2012 Form 1040
Q28: The geographic location of the trial court
Q30: If a taxpayer has insufficient financial means
Q31: Mrs. Hepp completed her 2012 Form 1040
Q33: Which of the following statements about taxpayer
Q34: A person can't be relieved of liability
Q39: Only the government may appeal a tax
Q40: Which of the following statements about federal
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