Help please

24. 25. 26. Gina is a single parent whose only child got married and moved out in October. When she led her return. she discovered she could no longer claim her child as a dependent nor could she le as Head of Household. Because she didn't change her federal withholding. she now has a sizable balance due on her return. Which of the following statements is true if Gina elects to use the installment Agreement with the IRS? ) She will not owe any interest or late payment penalty on the tax not paid by the due date. ) She will still owe interest and late payment penalty on the tax not paid by the due date. 3 ) a b 0 She will only owe interest on the tax not paid by the due date. d She will only owe late payment penalty on the tax not paid by the due date. Gina is a single parent whose only child got married and moved out in October. When she led her return. she discovered she could no longer claim her child as a dependent nor could she le as Head of Household. Because she didn't change her federal withholding. she now has a sizable balance due on her return. The IRS will establish an installment agreement with Gina for a fee. She is not below poverty guidelines and does not want payments deducted directly from her bank account, or through a payroll deduction. What is the amount of this fee for tax year 2016? a) 25% of the tax for which the installment agreement was established b) $225 c) 5% of the unpaid tax d) $3 service charge per month Gina is a single parent whose only child got married and moved out in October. When she led her return. she discovered she could no longer claim her child as a dependent nor could she le as Head of Household. Because she didn't change her federal withholding. she now has a sizable balance due on her return. The IRS has approved an installment agreement for Gina to pay her balance due. Which of the following is incorrectly listed as a reason a taxpayer would be considered to be in default of his installment agreement? a) Does not meet his future tax liabilities b) Does not have adequate withholdings c) Does not make required estimated tax payments d) The taxpayer filed for an extension of his current year tax return