How do I calculate penalties and interest?
How do I calculate penalties and interest?
Penalties and Interest Due You may compute the amount of penalties and interest due or you may leave Line 4 blank and the Division of Revenue will calculate the amount for you and send you a bill. Penalties may be assessed for filing a balance due return late, failure to pay the tax liability due, fraud, negligence and failure to pay estimated taxes. (See Page 2 for a description of penalties and interest.)
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