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Thank you for your services. QUESTION 11 (1.0 point) The penalty for late payment of tax can be eliminated if the taxpayer is able to
Thank you for your services.
QUESTION 11 (1.0 point) The penalty for late payment of tax can be eliminated if the taxpayer is able to prove "ignorance of the law." O True False QUESTION 12 (3.0 points) Steve, a single taxpayer, earns $145,000 in taxable income and $20,000 in interest income from an investment in City of Charlotte, North Carolina, bonds. If his income tax liability is 535,000, his effective tax rate (rounded) is: 28.096. 24.196. 21.296. 18.996. none of the above. QUESTION 13 (2.0 points) If a taxpayer files a fraudulent tax return, the tax year for that return remains open indefinitely True FalseStep by Step Solution
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