Question: Exercise 2 8 - 1 5 ( Algorithmic ) ( LO . 6 ) Alexi files her tax return 8 days after the due date.
Exercise AlgorithmicLO
Alexi files her tax return days after the due date. Along with the return, she remits a check for $ which is the balance of the tax she owes. The failure to file is not attributable to fraud.
Assume days in a month.
If required, round your answers to nearest whole value.
Disregarding any interest liabilities, Alexi's total penalties are as follows:
Failure to pay penalty:
Failure to file penalty:
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