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Question

Joe Smith did not file his 2018 income tax return until November 10, 2019. At the time of filing his

return, he owed $100,000 of federal income tax. Neither Joe nor his spouse had self-employment income in 2018. What is the amount of the penalties that Joe owes for the late-filing of his return, assuming that he has never late-filed a return before? (late filing penalties)


A.$  6,000.

B.$10,000.

C.$11,000

D.$12,000.

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