Item$19$

$5$points

Time Remaining $1$ hour $20$ minutes $25$ seconds

$01$:$20$:$25$

Item $19$

Time Remaining $1$ hour $20$ minutes $25$ seconds

$01$:$20$:$25$

What is the underpayment penalty rate that taxpayers pay when they underpay their estimated taxes?

Multiple Choice

Federal long$-$term interest rate plus $6$ percentage points

Federal short$-$term interest rate plus $3$ percentage points

Zero. The government does not pay interest on overpayments

Federal short$-$term interest rate