Legal Advisor

Below is the result for the query "If I don't pay the late payment penalty, what are the penalties?".
If you don't pay the late payment penalty, the following penalties may apply:
Additional late payment penalties
Interest on the unpaid taxes and penalties
Levy on your assets
Wage garnishment
Restriction on your passport
Incarceration
The specific penalties that apply will depend on the amount of unpaid taxes, the length of time the taxes are unpaid, and your financial situation.
You should contact a tax professional to discuss your specific situation and to get advice on how to avoid or minimize the penalties.
Here are some additional things you can do to avoid late payment penalties:
File your tax return on time.
Pay your taxes in full by the due date.
Set up a payment plan with the IRS if you can't pay your taxes in full.
Contact the IRS if you experience financial hardship and are unable to pay your taxes.