What Are the Correct Monthly Rates for Calculating Failure to File

question 49

Multiple Choice

What are the correct monthly rates for calculating failure to file and failure to pay penalties?

• A) \[\begin{array} { | l | l | }
• \hline \text { Failure to file } & \text { Failure to pay } \\
• \hline 5.0 \% & 5.0 \% \\
• \hline
• \end{array}\]
• B) \[\begin{array} { | l | l | }
• \hline \text { Failure to file } & \text { Failure to pay } \\
• \hline 0.5 \% & 0.5 \% \\
• \hline
• \end{array}\]
• C) \[\begin{array} { | l | l | }
• \hline \text { Failure to file } & \text { Failure to pay } \\
• \hline 5.0 \% & 0.5 \% \\
• \hline
• \end{array}\]
• D) \[\begin{array} { | l | l | }
• \hline \text { Failure to file } & \text { Failure to pay } \\
• \hline 0.5 \% & 5.0 \% \\
• \hline
• \end{array}\]

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