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Barr fails to make a timely deposit of FICA taxes and withheld income taxes until five days after the due date. The penalty facing Barr

Barr fails to make a timely deposit of FICA taxes and withheld income taxes until five days after the due date. The penalty facing Barr is:

. 10 %

of the undeposited taxes.

. 2 %

of the undeposited taxes.

. 25 %

of the undeposited taxes.

. 5 %

of the undeposited taxes.

.

None of these choices are correct.

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