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Louis Litt files his tax return 45 days after the due date. Along with the return, Louis Litt remits a check for $40,000, which is
Louis Litt files his tax return 45 days after the due date. Along with the return, Louis Litt remits a check for $40,000, which is the balance of the tax owed. Disregarding the interest element, Louis Litt's total failure to file and to pay penalties are: $400 $3,600 $4,000 $4,400 None of the above
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