TaxGuyBill
Level 15
08-16-2024
02:11 PM
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I don't THINK penalties apply.
The interest rate is currently 8%. It has been a bit over a year, so the interest on a $1000 would be roughly $100, probably a little more.
If I am wrong and the failure-to-pay penalty applies, that would approximately double it (another $100, probably a bit less).
I can't think of anything else that would apply.