1. Rita forgot to pay her Federal income tax on time. When she actually filed...

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Accounting

1. Rita forgot to pay her Federal income tax on time. When she actually filed (without a valid extension), she reported a balance due. Compute Ritas failure to file penalty in each of the following cases. Explain your answers, as necessary.

a. One month late, $1,000 additional tax due

b. Four months late, $3000 additional tax due

c. Six months late, $4,000 additional tax due

d. Four months late due to fraud by Rita, $5,000 additional tax due

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