Emergency-related state tax relief available for taxpayers located in twelve northern Michigan counties impacted by March 2025 storms.
Tax Interest Rate Calculation
Tax Interest Rate Calculation
Estimate Penalty and Interest
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Initial Tax:
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Penalty:
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Interest:
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TOTAL DUE:
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| Start Date | End Date | Federal Prime Rate | Daily Interest Rate | Days in Period | Calculated Interest |
|---|---|---|---|---|---|
| {{i.StartDate}} | {{i.EndDate}} | {{i.FederalPrimeRate}}% | {{i.DailyInterestRate}} | {{i.daysInRatePeriod}} | ${{i.periodInterest}} |
All fields marked required must be completed.
Dollar amounts should have no more than two decimal places and do not require the dollar sign. Date
format should be mm/dd/yyyy, as in 07/04/1776.
$
(mm/dd/yyyy)
(mm/dd/yyyy)
* The date in
step 3 should be 3-5 business days from the date payment will be mailed. Please be aware that you may
receive a bill for additional late filing/late payment penalties and interest owed if the date you
specify in this calculator is earlier than the date the Department of Treasury receives your late
return/late payment.
DISCLAIMER: If the date you specify in this calculator is earlier than the date the Department receives your late return/late payment you may receive a bill for additional late filing/late payment penalties and interest owed. To avoid the possibility of this occurring, in step 3, the date the late return/late payment will be received should be 3-5 business days from the date payment will be mailed.
NOTE: Please be aware that this calculator only computes penalties for late filing and late payment. It cannot be used to compute the penalty for underpayment of estimated tax by individuals, fiduciaries, and corporations. Depending upon the facts of your case, additional penalties may be due pursuant to the law.
DISCLAIMER: If the date you specify in this calculator is earlier than the date the Department receives your late return/late payment you may receive a bill for additional late filing/late payment penalties and interest owed. To avoid the possibility of this occurring, in step 3, the date the late return/late payment will be received should be 3-5 business days from the date payment will be mailed.
NOTE: Please be aware that this calculator only computes penalties for late filing and late payment. It cannot be used to compute the penalty for underpayment of estimated tax by individuals, fiduciaries, and corporations. Depending upon the facts of your case, additional penalties may be due pursuant to the law.