Question 56 of 75. The failure-to-file penalty is calculated when the taxpayer understates their tax by the larger of $5,000 or 10% of the correct tax. Oshows negligence or disregard of the rules or regulations, causing an underpayment O fails to pay the tax owed by the due date. 1 fails to file the return by the due date, including extensions, and there is a balance due. Mark for follow up Question 55 of 75 Glen filed his 2017 return on March 15, 2019. He is due a $400 refund on his 2017 return. What is the fail for his 2017 return? Oso O $24 $100 O $205