Solution-Reasonable cause for filing a delinquent return

Reasonable cause for filing a delinquent return

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Reference no: EM13887488

Ms. Cross didn't request an extension of time to file last year's income tax return and didn't mail the completed return to the IRS until August 8. She enclosed a check for $2,380, the correct balance of tax due with the return.

a. Assuming that Ms. Cross can't show reasonable cause for filing a delinquent return, compute the late filing and late payment penalty.

b. How would your answer change if she did not mail her return until November 21?

Reference no: EM13887488

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Reasonable cause for filing a delinquent return

Reference no: EM13887488

Reference no: EM13887488

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