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Get your taxes done using TurboTax
The penalty for filing between one day and one month late is 5% of the amount you owed. Then, there is interest on the tax plus the penalty at about a 4% APR. The IRS will send you a bill. If you have never owed a penalty before, you can request a one-time penalty abatement. You would apply for the abatement after you get the penalty bill.
‎August 4, 2020
4:31 PM
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