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August 1, 2023
Question

filing late for 2021 and owe $400

  • August 1, 2023
  • 1 reply
  • 0 views

I am late filing for 2021 and I owe $400.  How do I figure out how much I owe in penalties?

    1 reply

    VolvoGirl
    Employee
    August 1, 2023

    Just let the IRS bill you for any interest and penalties.  If you do have an amount on 1040 line 38 it is just an estimate.