What is the penalty for late filing form 944?
377 views |Last modified 11/17/2023 3:15:14 AM EST | Added by TaxBandits Team

Applicable To

94X 1099 W-2 ACA W-4

Failure to file IRS Form 944 by the deadline will result in a 5% penalty on the tax owed for each month the Form 944 return is late (this penalty caps at 25%). When you pay late or do not pay the full amount owed, you will be charged 2-15% of the unpaid tax, determined by the number of days the amount remains unpaid.