bbaker11
Employee Tax Expert

Get your taxes done using TurboTax

My apologies.  I thought you were referring to the penalties for the filing deadline for individual tax returns.  To answer your question, the penalty for filing your S-Corp business return after Sept 15th is $235. for each month or part of a month (up to 12 months) the return is late, multiplied by the number of shareholders or partners.

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