Interest and Penalties Prior to 1-1-2016


  • Interest 1% per month on past due taxes.
  • Penalty 10% on past due tax.
  • Late Filing Fee $25.00.
  • Estimated Tax Penalty 1% per month on unpaid quarterly installment.


Interest and Penalties Effective 1-1-2016


  • Interest  5.0% per annum (0.42%) per month (Interest is based on the Federal rate and may change annually)  
  • Late File Penalty  $25.00 per month or fraction or a month with a maximum of $150.00
  • Late Payment Penalty:  50% of the total tax due