Loose Leaf for Principles of Taxation for Business and Investment Planning 2019 Edition
Loose Leaf for Principles of Taxation for Business and Investment Planning 2019 Edition
22nd Edition
ISBN: 9781260161472
Author: Sally Jones, Shelley C. Rhoades-Catanach
Publisher: McGraw-Hill Education
Question
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Chapter 18, Problem 5AP

a.

To determine

Determine the penalty for late-filing and late-payment, if the balance tax due as per tax filed return is $19,758.

b.

To determine

Determine the penalty for late-filing and late-payment, if the refund due as per tax filed return is $7,098.

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