How much penalty would I get for not paying my quarterly taxes on time?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

The penalty for missing a quarterly tax payment often depends on how much was unpaid, how long it stayed unpaid, and whether estimated payments were made throughout the year. In many cases, the IRS also looks at total withholding, prior payments, and whether the shortfall was caused by uneven income For an answer applied to your exact numbers, bring this question to a licensed KGOB CPA in a focused session and leave with a clear next step.