Unless specifically excluded,what is the penalty for sending a required tax payment directly to the Internal Revenue Service?

A) 2%.
B) 5%.
C) 10%.
D) 15%.

Question

Unless specifically excluded,what is the penalty for sending a required tax payment directly to the Internal Revenue Service?A) 2%.B) 5%.C) 10%.D) 15%.

Brenda Hernandez · Accepted Answer

Final Answer : C, Explanation :  The penalty for failing to pay the required tax payment to the IRS is typically 0.5% per month, up to a maximum of 25%, but the question asks for a specific penalty rate, which is often cited as 10% in some contexts.

Unless specifically excluded,what is the penalty for sending a required tax payment directly to the Internal Revenue Service?

A) 2%.
B) 5%.
C) 10%.
D) 15%.

Definitions

Learning Objectives

Learning Objectives

Related questions