Which of the Following Statements Regarding Late Filing Penalties Is

question 17

Multiple Choice

Which of the following statements regarding late filing penalties is true?

• A) If a taxpayer fails to file a tax return, the late filing penalty will continue to grow until the taxpayer files the tax return.
• B) The amount of the late filing penalty is the same for both fraudulent failure to file and non fraudulent failure to file.
• C) Taxpayers who owe no tax as of the due date of their tax returns are not subject to late filing penalties even if they file late.
• D) None of the above.

---

Definitions:

Geographic Area

A specific portion of the Earth's surface, defined by natural or artificial boundaries.

LAN

A Local Area Network, a computer network that interconnects computers within a limited area such as a residence, school, laboratory, or office building.

Network Operating System

A network operating system is software that controls the network hardware and provides services and functionalities required for network communication.

Central Operating System

An abstract concept referring to a centralized software system that controls various operations and processes across a network or within a specific infrastructure.