home / study / business / accounting / accounting questions and answers / A Corporation May Be Subject To A Penalty If It Has A Total Tax Liability Amount Question: A corporation may be subject to a penalty if it has a total tax liability amount A corporation may be subject to a penalty if it has a total tax liability amount of _____ or more and has paid less than 100% of its tax liability.

A $1,000

b $750

c $500

D $250