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Linda underpaid her taxes for 2013 by $4000 due to negligence. A. Calculate Lindas accuracy related penalty for negligence. B. Assume that the underpayment of

Linda underpaid her taxes for 2013 by $4000 due to negligence.

A. Calculate Linda’s accuracy related penalty for negligence.

B. Assume that the underpayment of taxes by Linda was determined to be fraudulent, and calculate the total amount of Linda’s fraud penalty.


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