Thats what my husband does..head frozen. He was promoted after about a yr. working there,also. He makes 13.65,but like I said, I think pay depends on where you live/what contract you're under. He works days,7-330,b/c they say he has to be there to put his orders on. So he has to work around all the customers.
Generally, you donât have to pay an underpayment penalty if: 1  You owe less than $1,000 in tax after subtracting withholding. 2  You paid at least 90% of your total tax through withholding and/or estimated tax payments; OR what you paid in tax for 2014 is equal to 100% of your 2013 taxes.nswer: Any underpayment penalty is calculated based on your income, withholding, credits, etc. that you have entered. TaxACT calculates this amount on Form 2210 (or Form 2210-F for farmers and fishermen).
Without knowing more information, i.e. what year, it would be difficult to compute an exact figure because the IRS interest rate can change quarterly. The current interest rate for unpaid 1040 taxes is 3%. In addition, when you owe taxes you are charged various penalties. If you file past the due date of the return, you will be charged failure to file penalty (FTF) which is 5% per month up to a maximum of 5 mos or 25% of your tax due. This penalty is usually reduced by the failure to pay (FTP) penalty that starts at 1/2 of 1% (.005) a...