Grant filed his 2023 tax return on May 29, 2024 and never properly extended his tax return.

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Grant filed his 2023 tax return on May 29, 2024 and never properly extended his tax return. Grant owed $6,400 which was paid on April 15, 2024.

a. How much is his failure to file penalty?

b. If he filed his return on December 15, 2024, what is his failure to file penalty?

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Fundamentals Of Taxation For Individuals A Practical Approach 2024

ISBN: 9781119744191

1st Edition

Authors: Gregory A Carnes, Suzanne Youngberg

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Question Posted: Apr 08, 2024 03:00 AM

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Grant filed his 2023 tax return on May 29, 2024 and never properly extended his tax return.

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Fundamentals Of Taxation For Individuals A Practical Approach 2024

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