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Title: On August 13 of the following year, Joy files her current calendar-year tax return and pays the ... Post by: safezone on Feb 15, 2017 On August 13 of the following year, Joy files her current calendar-year tax return and pays the amount due without having requested an extension. The tax shown on her return is $25,000. Her current-year withholding tax is $15,000. Joy pays no estimated taxes and does not claim any tax credits on her current- year return. Calculate the penalties that the IRS is likely to assess. Ignore the penalty for underpayment of estimated taxes. Assume she did not commit fraud.
Title: Re: On August 13 of the following year, Joy files her current calendar-year tax return and pays the ... Post by: genflynn on Feb 15, 2017 Content hidden
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