Keyshawn Brown filed their 2020 tax return on April 20, 2021, which was late. They owed $3,912 in taxes, which they paid with their late return. The IRS will assess late filing and payment penalties for filing and paying late.
Keyshawn Brown prepared and signed last years tax return on April 3 .pdf
1. Keyshawn Brown prepared and signed last year's tax return on April 3 but forgot to mail the
return until the morning of April 20. Keyshawn enclosed a check for the $3,912 balance of tax
due with the return. Required: Compute the late-filing and late-payment penalty. Note: Round
your answer to the nearest whole dollar amount.