ilmscore | Prediction Details
"whatever your balance do is they're gonna charge you 5% of that a month for not filing they're gonna charge you half a percentage point a month for not paying and on top of all this they're gonna charge you interest"
By ClearValue Tax | March 15, 2020 | Pending
From video
If You Can't Pay The IRS - Your OPTIONS & IRS Payment Plan Explained 00:03:11 - 00:03:24
Interpreted Prediction
IRS penalties include 5% per month for not filing, 0.5% per month for not paying, and variable interest rates on the balance due.

Prediction Details

Topic
IRS Penalties

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