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T, a Calendar Year Taxpayer, Determined That His Net Tax

Question 24

Multiple Choice

T, a calendar year taxpayer, determined that his net tax due for 2011 was $800.Unfortunately, T had no money to pay the tax, so he postponed filing and paying the amount due until November 1, 2012.T did not ask for an extension of time to file his return.T's failure-to-file penalty will be


A) $100
B) $180
C) $196
D) $200
E) $220

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