How do I calculate Idaho tax penalties?
How do I calculate Idaho tax penalties?
Penalty and Interest
Idaho law provides penalties for not filing tax returns by the due date, not paying tax due on time and not prepaying enough on extension returns. For more information or to calculate a penalty, see our Penalties and Interest page at tax.idaho.gov/penalties.
Interest
We charge interest on the amount of tax due, line 51, from the original due date until paid. The rate for 2021 is 3%.
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