Scammers are contacting taxpayers while pretending to be from the Michigan Department of Treasury, using out‑of‑state phone numbers. They may request payments or attempt to trick you into providing your bank account information. Always verify the source before sharing any personal or financial details.
What are the MI-2210 penalty and interest charges?
What are the MI-2210 penalty and interest charges?
- Penalty is 25% for failing to file estimated payments (minimum of $25 per quarter) or
- 10% of the underpaid estimates (minimum of $10 per quarter)
- Interest accrues at 1% above the prime rate and is computed monthly