On July 25 of the Following Year, Joy Files Her

question 53

Essay

On July 25 of the following year, Joy files her current calendar-year tax return. She had requested extensions as required. On October 8, she pays the amount due. The tax shown on her return is $22,000. Her current-year withholding tax is $21,000. Joy pays no estimated taxes and does not claim any tax credits on her current-year return. Calculate the penalties that the IRS is likely to assess. Ignore the penalty for underpayment of estimated taxes. Assume she did not commit fraud.

---

Definitions:

Z-track Injection

A method of intramuscular injection that minimizes medication leakage and ensures the medication is absorbed in the muscle tissue.

Learning Experience

An educational process or activity that facilitates acquiring knowledge, skills, values, or perspectives through study, experience, or teaching.

Myocardial Infarction

Medical term for a heart attack, where blood flow to part of the heart muscle is blocked, causing tissue damage or death.

Nursing Diagnoses

Clinical judgments made by nurses to identify a patient's response to health conditions or life processes which will be the basis for selecting nursing interventions.