Unfortunately, yes, you will have interest and penalty if you have balance due even if you filed for an extension. Remember, extension is to file the return, any balance due was still due by Apr 15th.
If you did not file any extension, then you will also have penalty for not filing on top of not paying the tax due.
But IRS do offer some penalty relief provided that you qualify. Most common one is First time penalty abate and administrative waiver
https://www.irs.gov/payments/administrative-penalty-relief#adminwaiver
"You may qualify for First Time Abate for a penalty if you have a history of good tax compliance.
History of good tax compliance
You are considered having a good tax compliance history if you:
- Filed the same return type, if required, for the past 3 tax years before the tax year you received the penalty.
- Didn't receive any penalties during the prior 3 years, or any penalty was removed for an acceptable reason other than First Time Abate"
Another one is Reasonable Cause. "Reasons that qualify for relief due to reasonable cause depend on the type of penalty you owe and the laws in the Internal Revenue Code (IRC) for each penalty."
https://www.irs.gov/payments/penalty-relief-for-reasonable-cause
Less common one is Penalty relief due to statutory exception' This one only applies in very few situations. i.e. "Relied on incorrect written advice from IRS, Mailed a return on time, Lived in a federal disaster area or Were involved in military operations in a combat zone"
https://www.irs.gov/payments/penalty-relief-due-to-statutory-exception
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