If a taxpayer fails to file a return and it is no more than 60...

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Accounting

If a taxpayer fails to file a return and it is no more than 60 days past the due date (including extensions), what is usually the penalty for failure to file? A.5% for each month, but not more than 25% B.10% for each month, but not more than 30% C.15% for each month, but not more than 35% D.20% for each month, but not more than 40%

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