What is the penalty for late filing form 944?

Last modified 3/31/2023 8:43:52 AM EST

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.

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