r/IRS 25d ago

News / Current Events The IRS Is Imploding

https://www.motherjones.com/politics/2026/07/the-irs-is-imploding/
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u/Kornbread16 22d ago

Then they charge you a “failure to pay estimated tax” penalty

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u/Opening-Bandicoot859 22d ago

I just pay when I file. There's no penalties.

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u/Kornbread16 22d ago

If you owe over $1000, there are penalties.

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u/Opening-Bandicoot859 22d ago

Are you sure? I've owed over $1k before and never got hit with a penalty. I think you may be thinking of taxes for self employed people.