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Scott Files His Tax Return 65 Days After the Due

Question 158

Multiple Choice

Scott files his tax return 65 days after the due date.Along with the return, Scott remits a check for $50,000 which is the balance of the tax owed.Disregarding the interest element, Scott's total failure to file and to pay penalties are:


A) $8,250.
B) $7,500.
C) $6,000.
D) $750.
E) None of the above.

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