Joan filed her unextended 2020 tax return on November 15, 2021, paying the $5,000 amount due at

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Joan filed her unextended 2020 tax return on November 15, 2021, paying the $5,000 amount due at that time. Joan has no reasonable cause for failing to file the return by October 15 or for failing to pay the tax that was due on April 15, 2021. Compute the failure-to-pay and failure-to-file penalties.

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Federal Tax Research

ISBN: 9780357366387

12th Edition

Authors: Roby Sawyers, Steven Gill

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