The penalty is essentially daily interest until paid. I don't know the exact interest rates for 2012. They haven't been extremely high. I believe for an individual in the range of 3%. Delaying federal payment until April would like cost you between 1 and 2% of the underwithheld amount. fwiw : TurboTax says my penalty is about $70 on $3500 tax.... I figure it's not worth the trouble to deal with ES atthis point
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra