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What are additions to tax and how are they computed?

additions computed tax
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What are additions to tax and how are they computed?

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Additions to tax is a penalty charged for failure to pay or failure to file the required sales tax return(s) by the due date. When your sales tax return has been filed, but not paid by the required due date, you should calculate your penalty by multiplying the tax amount due by 5 percent. This penalty does not increase. When no sales tax return has been filed, you should calculate your penalty by multiplying the tax amount due by 5 percent for each month you are late. This penalty increases each month you fail to file the return. The maximum amount of penalty is 25 percent. Note: Interest should not be calculated on the amount of additions to tax due. Please visit our web site to use our interest and additions calculator.

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Additions to tax is a penalty charged for failure to pay or failure to file the required use tax return(s) by the due date. When your use tax return has been filed, but not paid by the required due date, you should calculate your penalty by multiplying the tax amount due by 5 percent. This penalty does not increase. When no use tax return has been filed, you should calculate your penalty by multiplying the tax amount due by 5 percent for each month you are late. This penalty increases each month you fail to file a return. The maximum amount of penalty is 25 percent. Note: Interest should not be calculated on the amount of additions to tax due. Please visit our web site to use our interest and additions calculator.

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Additions to tax is a penalty charged for failure to pay or failure to file the required sales tax return(s) by the due date. When your sales tax return has been filed, but not paid by the required due date, you should calculate your penalty by multiplying the tax amount due by 5 percent. This penalty does not increase. When no sales tax return has been filed, you should calculate your penalty by multiplying the tax amount due by 5 percent for each month you are late. This penalty increases each month you fail to file the return. The maximum amount of penalty is 25 percent. Note: Interest should not be calculated on the amount of additions to tax due.

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Additions to tax is a penalty charged for failure to pay or failure to file the required sales tax return(s) by the due date. When your sales tax return has been filed, but not paid by the required due date, you should calculate your penalty by multiplying the tax amount due by 5 percent. This penalty does not increase. When no sales tax return has been filed, you should calculate your penalty by multiplying the tax amount due by 5 percent for each month you are late. This penalty increases each month you fail to file the return. The maximum amount of penalty is 25 percent. Note: Interest should not be calculated on the amount of additions to tax due. Please visit Department of Revenue’s web site to use their Interest and Additions Calculator .

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Additions to tax is a penalty charged for failure to pay or failure to file the required use tax return(s) by the due date. When your use tax return has been filed, but not paid by the required due date, you should calculate your penalty by multiplying the tax amount due by 5 percent. This penalty does not increase. When no use tax return has been filed, you should calculate your penalty by multiplying the tax amount due by 5 percent for each month you are late. This penalty increases each month you fail to file a return. The maximum amount of penalty is 25 percent. Note: Interest should not be calculated on the amount of additions to tax due. Please visit Department of Revenue’s web site to use their Interest and Additions Calculator .

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