Information For...

For you and your family
Standard mileage and other information

Forms and Instructions

Individual Tax Return
Request for Taxpayer Identification Number (TIN) and Certification
Single and Joint Filers With No Dependents
Employee's Withholding Allowance Certificate

 

Request for Transcript of Tax Returns
Employer's Quarterly Federal Tax Return
Installment Agreement Request
Wage and Tax Statement

Popular For Tax Pros

Amend/Fix Return
Apply for Power of Attorney
Apply for an ITIN
Rules Governing Practice before IRS

Consequences of not paying tax due on Form 1120-POL

What if a political organization fails to pay the tax shown on Form 1120-POL?

A political organization that does not pay the tax due generally may have to pay a penalty of ½ of 1% (0.005) of the unpaid tax for each month or part of a month the tax is not paid, up to a maximum of 25% of the unpaid tax. If you receive a notice about a penalty after you file the return, reply to the notice with an explanation and the IRS will determine if you meet the reasonable-cause criteria. Do not include an explanation when you file your return.