close
    1. Home
      2. ›
    2. Uncategorized
      3. ›
    3. What is the penalty for filing form 1040 ES late?
    What is the penalty for filing form 1040 ES late?

    Answer this
    +1  Views: 564 Answers: 1 Posted: 13 years ago
    Tags: federal taxes
    Comment this question

      1 Answer

      Generally, the late-filing penalty is 5% of the balance due (the amount on line 75 of the 1040 form) for each month that return is late, up to a maximum of 25%.
      13 years ago. Rating: 2
      Comment this answer



        Did this answer your question? If not, then ask a new question.

        Top contributors in Uncategorized category

         
        ROMOS
        Answers: 18061 / Questions: 154
        Karma: 1101K
         
        Colleen
        Answers: 47269 / Questions: 115
        Karma: 953K
         
        country bumpkin
        Answers: 11322 / Questions: 160
        Karma: 838K
         
        Benthere
        Answers: 2392 / Questions: 30
        Karma: 760K
        > Top contributors chart
        470329
        questions
        722759
        answers
        792165
        users