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Discussion Question 1 - 4 2 ( Algorithmic ) ( LO . 5 ) Rita files her income tax return 1 5 0 days after
Discussion Question AlgorithmicLO Rita files her income tax return days after the due date of the return without obtaining an extension from the IRS. Along with the return, she remits a check for $ which is the balance of the tax she owes. Note: Assume days in a month. Disregarding the interest element, enter Rita's failure to file penalty and failure to pay penalty.
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