Filing taxes late penalty calculator is based on the law under section 6651 of the US Code 26 that provides that if any taxpayer who files tax after the due date for filing of return , he/she/it will pay a penalty @ 5% per month for the period of delay. I have written in detail about filing tax late and its consequences in the post titled Penalty for filing taxes late : How to Prevent ?.
Filing Taxes Late Penalty Calculator
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Care has been taken to create error free calcultaion . Yet , if any . kindly mail me a note.