ANSWERS: 1
-
The fee for filing federal taxes late is 5 percent of the taxes due for each month after the date the taxes should have been filed, according to the Internal Revenue Service. After 60 days, the taxpayer will be charged the smaller of $100 ($135 for returns required to be filed after Dec. 31 2008) or 100 percent of the taxes owed.
Source:
Topic 653 - IRS Notices and Bills, Penalties and Interest Charges
Copyright 2023, Wired Ivy, LLC