Compute the Failure to Pay and Failure to File Penalties

question 95

Essay

Compute the failure to pay and failure to file penalties for John, who filed his 2012 income tax return on December 14, 2013, paying the $10,000 amount due. On April 1, 2013, John submitted a six-month extension of time in which to file his return; he paid no tax with the extension request. He has no reasonable cause for failing to file his return by October 15, or for failing to pay the tax that was due on April 15, 2013. John's failure to comply with the tax laws was not fraudulent.

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Definitions:

Individual Differences

Variations among individuals in their behaviors, traits, physical characteristics, or psychological processes.

Cognitive Tasks

Activities that require the use of mental processes to complete, such as problem-solving, memory, and perception.

Meta-Analysis

A statistical technique for combining the findings from independent studies to identify patterns and derive conclusions.

Hyde and Linn

Researchers known for their work on gender differences in cognition, particularly in the context of mathematical and spatial abilities.