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John filed his individual income tax return 3 months after it was due. He had not requested an extension of time for filing. Along with
John filed his individual income tax return 3 months after it was due. He had not requested an extension of time for filing. Along with his return, John remitted a check for $1,000, which was the balance of the taxes he owed with his return. Disregarding interest, calculate the total penalty that John will be required to pay, assuming the failure to file was not fraudulent (and that he is not subject to failure-to-pay penalties).
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