Is there a penalty if I do not pay my tax due by the due date?
Answer #110 -- ( Published 08/05/2005 10:48 AM | Updated 07/12/2017 10:41 AM )
Is there a penalty if I do not pay my tax due on my individual income tax return by the due date?
You will owe a late-payment penalty for unpaid tax if you do not pay the tax you owe by the original due date of the return, even if you have an extension of time to file. The penalty rate is based on the number of days the payment is late. For more information refer to Form IL-2210, Computation of Penalties for Individuals.
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