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    Business
  3. Study Set
    Fundamentals of Taxation
  4. Exam
    Exam 2: Expanded Tax Formula, forms 1040a and 1040, and Basic Concepts
  5. Question
    The Failure to File Penalty Is ________ of the Tax
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The Failure to File Penalty Is ________ of the Tax

Question 78

Question 78

Multiple Choice

The failure to file penalty is ________ of the tax shown on the return for each month or fraction of a month) the tax return is not filed,up to a maximum of 25%.


A) 5) 5%
B) 5) 0%
C) 0) 25%
D) 0) 5%

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