Adam files his tax return on April 15 and his tax return shows that he owes $3,000.

Question:

Adam files his tax return on April 15 and his tax return shows that he owes $3,000. Due to some bad planning, Adam could not pay his taxes when filing his tax return. Adam finally made his payment in full on July 10. How much is the late payment penalty that will be assessed against Adam?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Taxation For Decision Makers 2014

ISBN: 9781118654545

6th Edition

Authors: Shirley Dennis Escoffier, Karen Fortin

Question Posted: