select the correct text in the passage. read the following passage about how elena filed her income - tax…

select the correct text in the passage. read the following passage about how elena filed her income - tax return. which sentence shows why elena might face a notice or a penalty from the irs? elena originally intended to file her tax return herself, but eventually asked a tax accountant to file for her. she chose to use a standard deduction without calculating any itemized deductions. she did not include her interest income or dividends in the total income she reported. she applied tax credits for two dependents she supports.
Answer
Brief Explanations:
The IRS requires taxpayers to report all income accurately. Not including interest income or dividends in total reported income is likely to cause issues and may lead to a notice or penalty.
Answer:
She did not include her interest income or dividends in the total income she reported.