Question: An extension to file does not extend the time to pay tax. For example, if the tax return is due on April 15 and the
An extension to file does not extend the time to pay tax. For example, if the tax return is due on April 15 and the taxpayer files an automatic six-month extension until October 15, he or she still must pay at least what percentage of the tax shown on the return when filed or he or she will incur a failure to pay penalty? A. 25% B. 50% C. 75% D. 90%
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