Late filing of return has a minimum penalty for a return over 60 days late of the smaller of the tax due or $210; it is 5% per month not exceeding 25% of the unpaid tax.
Late payment of tax is 0.5% per month not exceeding 25% of the unpaid tax.
Late filing of return has a minimum penalty for a return over 60 days late of the smaller of the tax due or $210; it is 5% per month not exceeding 25% of the unpaid tax.
Late payment of tax is 0.5% per month not exceeding 25% of the unpaid tax.