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Just file your tax return and pay the tax that you owe. The IRS will send you a bill for the interest and penalty. TurboTax is not able to calculate the exact amount of interest.
You can’t figure it. The IRS will mail you a bill for any interest and penalties.
not only is there interest but also a late payment penalty of .5% a month. being more than 5 months late that's an additional 3% of what's owed. as stated the IRS will bill you.
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