Robin Brooks Estate was formed upon her death on January 1, 2022. The Form 1041 was due on April 15, 2023. The tax return was completed in March of 2023 but was not filed. The estate had a $75 balance due. The return was not filed until November, at which time the $75 balance due was paid. There were two Schedule K-1s issued. What type of penalty(ies) (if any) might be imposed on the estate?

a) The estate is not responsible for any penalties because this is the first year the estate is required to file a return.
b) The estate will face a late filing penalty and a late payment penalty.
c) The estate will face a late filing penalty, late payment penalty, and failure to provide informationpenalty.
d) The estate will face a late filing penalty. Since the amount due was less than $1,000, there will beno late payment penalty.