Question
a. Wilson filed his individual tax return on the original due date, but failed to pay $700 in taxes that were due with the return.
a. Wilson filed his individual tax return on the original due date, but failed to pay $700 in taxes that were due with the return. If Wilson pays the taxes exactly 2 months (not over 60 days) late, calculate the amount of his failure-to-pay penalty. $fill in the blank 67fd09fa3f88fbc_1
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b. Joan filed her individual income tax return 4 months after it was due. She did not request an extension of time for filing. Along with her return, Joan remitted a check for $750, which was the balance of the taxes she owed with her return. Disregarding interest, calculate the total penalties that Joan will be required to pay, assuming the failure to file was not fraudulent. $fill in the blank 47bfa404504ef87_1
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