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jbyce11
New Member

If I owe taxes and want to file an extension, how much will my fine and penalty be?

I owe $5000
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1 Reply
KristinaK
Employee Tax Expert

If I owe taxes and want to file an extension, how much will my fine and penalty be?

It will depend on when you actually pay the tax. Here is a Help article with some examples to help you calculate the penalties. 

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