
Get 2007 Form 2210. Underpayment Of Estimated Tax By Individuals, Estates, And Trusts
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If a fiduciary fails to make required estimated payments, pays late, or underpays, Treasury may charge penalty and interest. Penalty is 25 percent of the tax due (with a minimum of $25) for failing to file estimated payments, or 10 percent (with a minimum of $10) for underpaying estimated payments.
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