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Norma-Jean [14]
2 years ago
14

Joseline waited until December 12, 2019, to file her 2018 Form 1040 return. She did not request an extension. Her balance due fo

r 2018 is $461. What is her failure to file penalty
Business
1 answer:
Marrrta [24]2 years ago
6 0

Answer: $207.45

Explanation:

The latest date that Josephine should have filed her taxes by was April 15th 2019.

She instead waited till December 12, 2019.

9 partial and full months have passed since that time so her penalty will be for 9 months.

Penalty is 5% of the balance due:

= 461 * 5% * 9

= $207.45

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The correct answer is True.

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A manager in your organization just received a special order at a price that is "below cost." The manager points to the document
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The Tierney Group has two divisions of equal size: an office furniture manufacturing division and a data processing division. It
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