Mr and Mrs

question 35

Multiple Choice

Mr. and Mrs. Chung filed their unextended 2012 Form 1040 on May 30, 2013, and had no reasonable cause for the delinquency. The return showed a $10,479 balance of tax due. Compute the Chungs' late-filing and late-payment penalty.

• A)$524
• B)$1,048
• C)$2,620
• D)None of the above

---

Definitions:

Social Welfare Policy

Regulations, laws, and guidelines designed to improve the well-being of the population, especially the most vulnerable.

Laws And Regulations

The body of rules, statutes, and guidelines enacted by legislative bodies or regulatory agencies governing behavior, activities, and standards in a society or industry.

Social Programs

Government or private initiatives designed to promote social welfare and improve living conditions for individuals and communities, often focusing on health, education, and income support.

General Systems Theory

An interdisciplinary study of systems as they relate to one another within a larger, more complex system.