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Mben
Level 2

Filing late for 2017

Hi all,

I am filing my 2017 taxes today. I owe $1.770,00.

Is anybody able to let me know how much I'll be paying for fees and interest? I want to know the dollar amount.

For what I read so far these are the fees/penalties I have to pay:
- late filling penalty

- late payment penalty

- interest

 

I know I'm not supposed to add the fees and penalties to the check but I just want to know how much they are going to be.

 

I appreciate your help!

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2 Replies

Filing late for 2017

Go to this IRS website for information on how the penalties and interest is calculated - https://www.irs.gov/businesses/small-businesses-self-employed/understanding-penalties-and-interest

Mben
Level 2

Filing late for 2017

Thanks for answering and thanks  for the link but this information is not really helpful.

I asked 3 different people to check the link before sending this question and we all got different numbers. That's why I asked the question here. And that's why I'm asking for the dollar amount.

The information on that link is not clear and very hard to understand.

 

Thanks!

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