topic I entered bank account number incorrectly. Received letter from IRS two weeks after due date indicating RETURN: INVALID ACCOUNT NUMBER STRUCTURE. What is ~2 week penalty? in After you file

I entered bank account number incorrectly. Received letter from IRS two weeks after due date indicating RETURN: INVALID ACCOUNT NUMBER STRUCTURE. What is ~2 week penalty?

fozman — Sat, 01 Jun 2019 00:42:30 GMT

How are late penalties determined and how do I pay them?

DoninGA — Sat, 01 Jun 2019 00:42:32 GMT

The IRS will send you a bill in the mail for the penalties.

bwa — Sat, 01 Jun 2019 00:42:34 GMT

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)