Tax Penalty Calculation

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  • This topic has 0 replies, 1 voice, and was last updated 3 years ago by SC.
  • Topic Starter
  • April 18, 2022 at 3:06 pm #4522284
    SC

      Hello,

      I received a refund of $102 on my 2020 federal taxes, but I recently found that I owed $231 to the IRS. So, I am sending a check for $333. Will I face a penalty fee even if I filed before the deadline? How should I calculate the interest amount for the $333 ?
      I plan to add the interest amount to the $333.

      Thank you

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