Question: Please answer with reason for all why the option is correct and why the other options are incorrect Please answer correct otherwise skip it You

Please answer with reason for all why the option is correct and why the other options are incorrect Please answer correct otherwise skip it

You are 22 months late in filing your 2019 tax return and it turns out you are owed a refund in the amount of $5,000. What is the total of your Failure to File and Failure to Pay penalties?

$1,250

$1,675

$1,125

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