How can I be assessed a penalty if I pay the tax by the due date?
Answer #742 -- ( Published 08/26/2008 08:45 AM | Updated 08/08/2012 10:01 AM )
How can I be assessed a penalty on my IL-1040 if I pay the tax by the due date?
You may owe a late-payment penalty if you were required to make estimated payments and failed to do so, or failed to pay the required amount by the payment due date.