Maria did not pay her Federal income tax on time. When she eventually filed the return, she reported a balance due.
Compute Maria's failure to file penalty in each of the following cases. Disregard any failure to pay penalty.
a. Three months late, $500 additional tax due.
b. Four months late, $2,000 additional tax due.
c. Ten months late, $10,000 additional tax due.
d. Four months late due to fraud by Maria, $10,000 additional tax due.
e. Fifteen months late due to fraud by Maria, $10,000 additional tax due.

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The Answer of Maria did not pay her Federal income tax on time. When she eventually filed the return, she reported a balance due.
Compute Maria's failure to file penalty in each of the following cases. Disregard any failure to pay penalty.
a. Three months late, $500 additional tax due.
b. Four months late, $2,000 additional tax due.
c. Ten months late, $10,000 additional tax due.
d. Four months late due to fraud by Maria, $10,000 additional tax due.
e. Fifteen months late due to fraud by Maria, $10,000 additional tax due.

Maria Did Not Pay Her Federal Income Tax on Time