The Revenue Act of 1941, as amended (MCL 205.24) provides for penalty and interest charges if a taxpayer fails to pay a tax within the time specified. To view a complete copy of the Revenue Act click here.

Penalty is 5% for the first two months or portion thereof and 5% for each additional month thereafter, up to a maximum of 25%. The tax was due April 15^th.

For additional information on calculating the amount of penalty and interest due.

Prior year Individual Income tax returns have already reached the maximum penalty of 25%.