Amy files her current year tax return on August 13 of the following year. She pays the
Question:
a. What penalties will the IRS likely impose on Amy (ignoring the penalty for underpayment of estimated taxes)? Assume Amy committed no fraud.
b. On what dollar amount, and for how many days, will Amy owe interest?
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Related Book For
Federal Taxation 2016 Comprehensive
ISBN: 9780134104379
29th Edition
Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson
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