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How much must pay in failure-to-file and failure-to-pay

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Problem 1: Adam, a self-employed taxpayer, did not have all the information he needed to timely file his 2019 tax return by July 15, 2020. Although he requested an automatic extension, he did not include a payment when he filed the extension. He finally filed his return on August 21, 2020, reporting a $900 balance due. How much must he pay in failure-to-file and failure-to-pay penalties?

Reference no: EM132768432

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