I forgot to make my quarterly tax payment, how much is the penalty?

Question

Kohari Gonzalez Oneyear & Brown · Accepted Answer

Missing a quarterly tax payment can lead to penalties that depend on several factors, including how much was underpaid, how long the payment was late, and whether any estimated tax payments were already made during the year. The result can also vary based on the type of tax involved, such as 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.