Problem 18-16 (Algo) [LO 18-5] Upon audit of Ms. Evelyn Carlyle's 2020 Form 1040, the revenue agent determined a $20,800 understatement of the tax liability. Required: a. Compute Ms. Carlyle's penalty for substantial understatement if the correct tax liability for 2020 was $220,400. b. Compute Ms. Carlyle's penalty for substantial understatement if the correct tax liability for 2020 was $144,800. Complete this question by entering your answers in the tabs below. Required A Required B Compute Ms. Carlyle's penalty for substantial understatement if the correct tax liability for 2020 was $220,400. Note: Enter a "0" if taxpayer is not subject to penalty. Penalty

Upon audit of Ms. Evelyn Carlyle's 2020 Form 1040 , the revenue agent determined a $20,800 understatement of the tax liability. Required: a. Compute Ms. Carlyle's penalty for substantial understatement if the correct tax liability for 2020 was $220,400. b. Compute Ms. Carlyle's penalty for substantial understatement if the correct tax liability for 2020 was $144,800. Complete this question by entering your answers in the tabs below. Compute M5. Carlyle's penalty for substantial understatement if the correct tax liability for 2020 was $220,400. Note: Enter a " 0 " if taxpayer is not subject to penalty