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Ms. Schmidt didn't request an extension of time to file a 2022 income tax return and didn't mail the completed return to the IRS
Ms. Schmidt didn't request an extension of time to file a 2022 income tax return and didn't mail the completed return to the IRS until August 8, 2023. Ms. Schmidt enclosed a check for $2,610, the correct balance of tax due with the return. Required: a. Assuming that Ms. Schmidt can't show reasonable cause for filing a delinquent return, compute the late-filing and late-payment penalty. b. Compute the late-filing and late-payment penalty if the return was not mailed until November 21. Complete this question by entering your answers in the tabs below. Required A Required B Assuming that Ms. Schmidt can't show reasonable cause for filing a delinquent return, compute the late-filing and late- payment penalty. Late-filing and late-payment penalty < Required A Required B >
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