The IRS can impose a ________ penalty on any portion of understatement of tax that is attributable to fraud.
A)20%
B)25%
C)75%
D)5%

Name: The IRS can impose a ________ penalty on any portion of understatement of tax that is attributable to fraud. A)20% B)25% C)75% D)5%
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The IRS can impose a penalty of 75% on any portion of understatement of tax that is attributable to fraud. This penalty is in addition to any other penalties or interest that may apply.

The IRS Can Impose a ________ Penalty on Any Portion