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This year, Mrs. Chavez underpaid federal income by $11,017. If the entire underpayment was attributable to Mrs. Chavez's failure to make a good faith effort

This year, Mrs. Chavez underpaid federal income by $11,017. If the entire underpayment was attributable to Mrs. Chavez's failure to make a good faith effort to comply with the tax law, the IRS may impose a $2,754 negligence penalty. True or False?

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