Linda underpaid her taxes for 2013 by $4000 due to negligence. A. Calculate Lindas accuracy related penalty

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Linda underpaid her taxes for 2013 by $4000 due to negligence.

A. Calculate Linda’s accuracy related penalty for negligence.

B. Assume that the underpayment of taxes by Linda was determined to be fraudulent, and calculate the total amount of Linda’s fraud penalty.

Related Book For answer-question

Income Tax Fundamentals 2016

ISBN: 9781337343527

34th edition

Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus-Buller

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Posted Date: Jul 11, 2018 08:02 AM

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Linda underpaid her taxes for 2013 by $4000 due to negligence. A. Calculate Lindas accuracy related penalty

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