Question

How much time do we have to pay taxes owed?

Forum|Forum|2 years ago
April 16, 2024
3 replies
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TurboTax Deluxe Online

Employee

You have until today to pay your tax bill, or interest starts accruing and possibly penalties depending on the amount you owe. Interest starts accruing tomorrow, whether you filed an extension to file or not.

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DoninGA

Employee

You have until 11:59pm your local time Today, April 15, 2024

M

Mike9241

file on time even if you can't pay. The late filing penalty is 4.5% a month for up to 5 months, while the late payment penalty is only .5% a month and goes on forever + interest until the taxes are paid in full.