Question

In the case of civil fraud, the penalty is _____ of the underpayment attributable to fraud.

a.75%
b.150%
c.100%
d.125%
e.50%

Answer 1

The penalty for civil fraud is 100% of the underpayment attributable to fraud.

Step-by-step explanation:

The penalty for civil fraud is 100% of the underpayment attributable to fraud. This means that the person who committed the fraud would have to pay an amount equal to the underpayment as a penalty.