Harrod underpaid her taxes for 2020 in the amount of $17,000, of which $9,500 is attributable to negligence. Harrod's negligence penalty is $fill in the blank 1. Assume the $9,500 is attributable to civil fraud instead of negligence. Harrod's fraud penalty is $fill in the blank 2

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter1: An Introducti On To Taxation And Understa Nding The Federal Tax Law
Section: Chapter Questions
Problem 43DQ
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Tax Drill - Negligence Penalty

Harrod underpaid her taxes for 2020 in the amount of $17,000, of which $9,500 is attributable to negligence.

Harrod's negligence penalty is $fill in the blank 1.

Assume the $9,500 is attributable to civil fraud instead of negligence. Harrod's fraud penalty is $fill in the blank 2

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