Orville,a cash basis,calendar year taxpayer,filed his income tax return 100 days after the due date.Orville never extended his return,and with the return he paid the taxes that were due.What penalties will Orville incur,and how much is the penalty if his additional tax is $5,000? Disregard any additional interest he must pay.

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The Answer of Orville,a cash basis,calendar year taxpayer,filed his income tax return 100 days after the due date.Orville never extended his return,and with the return he paid the taxes that were due.What penalties will Orville incur,and how much is the penalty if his additional tax is $5,000? Disregard any additional interest he must pay.

Orville,a Cash Basis,calendar Year Taxpayer,filed His Income Tax Return 100