You'll need to sign in or create an account to connect with an expert.
The IRS will send you a bill in the mail for the penalties.
See this IRS Tax Topic for penalties - https://www.irs.gov/taxtopics/tc653.html
The IRS will send you a bill in the mail for the penalties.
See this IRS Tax Topic for penalties - https://www.irs.gov/taxtopics/tc653.html
For a two week delay in payment the penalty would be 1/2 of 1% (e.g., for a $1,000 balance due it would be $5.00)
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
srgendron
New Member
rstenshorn
New Member
John9900
New Member
c2eac9b22a62
New Member
msutton570
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.