Paul filed his 2017 return on March 15, 2019. He is due a $400 refund on...
Paul filed his 2017 return on March 15, 2019. He is due a $400 refund on his 2017 return. What is his failure to file penalty for his 2017 return? *
$0
$24
$210
$400
Homework Answers
If a person has refund due, then there is no penalty on filing late return. Paul filed his return of year 2017 in year 2109. There will be $0 penalty, since he has his refund due.
Therefore, the correct answer is option 1st, $0.
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Paul filed his 2017 return on March 15, 2019. He is due a $400
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