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ph57grad
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Why am I being charged a $27 penalty / interest fee when I'm not late?

 
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Why am I being charged a $27 penalty / interest fee when I'm not late?

Because the US is a pay as you go system, you face underpayment penalty if you do not pay enough tax throughout the year.

For more information, follow this link: IRS on Underpayment Penalties

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