You know, don't push the button, don't push the button, don't push the button, and then some socko finish. I was pleasantly surprised by how the book bobs and weaves and is a lot more active and entertaining that just that. MILD SPOILER, so don't tell your four year old.
The late payment penalty applies to any portion of your federal tax that remains unpaid as of the due date, typically the tax filing date. The IRS imposes a failure-to-pay penalty of one half of one percent for each month or part of a month that the tax goes unpaid.
In general, you do not need to file a tax return if you made less than the standard deduction + your exemption. For 2010, the standard deduction is: Single: $5,700 Marri â¦ ed Filing Jointly: $11,400 Head of Household: $8,400 The exemption amount is $3,650.or federal income taxes, the interest rate is currently 4% annually, but the interest r â¦ ate is adjusted every quarter. The penalty is 0.5% per month for each whole or partial month. Even if you can't pay your taxes, it is better to file your tax return on time.