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Discussion Question 1-43 (Algorithmic) (LO. 5) For tax year 2021, the IRS assesses a deficiency against David for $315,000. a. Disregarding the interest component,

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Discussion Question 1-43 (Algorithmic) (LO. 5) For tax year 2021, the IRS assesses a deficiency against David for $315,000. a. Disregarding the interest component, enter David's penalty if the deficiency is attributable to negligence: b. Disregarding the interest component, enter David's penalty if the deficiency is attributable to civil fraud:

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