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Mei Liu owed $ 1 , 1 0 0 on her 2 0 2 3 tax return. She mailed a check to the IRS for
Mei Liu owed $ on her tax return. She mailed a check to the IRS for the balance due. At the time, she did not have money in the bank to cover the check. The check was cashed by the IRS earlier than she thought and returned for insufficient funds. What is the amount of the penalty Mei Liu will owe?
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