Is this you?
- My return was filed after the deadline
- I owed tax
- This isn't the first time
"It's just a small fee."
Late filing penalties start at 5% plus 1% per month. If you were late in any of the previous three years, the penalty doubles to 10% plus 2% per month.
Why guessing is risky
- Penalties escalate quickly
- Interest compounds
- Repeated behavior triggers harsher treatment
Safe to ignore if
- No tax was owed
- Filing was on time
Stop and check if
- Tax was owed
- Late filing occurred before
Resolve the doubt
Calculate my late-filing cost (2 minutes)We'll tell you if this needs reporting and what to do next.
"Most people learn how to limit penalties before they grow."