Mandatory e-pay penalty begins 2011.

• Position: FTBNEWS - Brief article

Starting Jan. 1, 2011, the mandatory e-pay penalty will be assessed when a person required to make payments electronically pays using any other method. The penally is equal to 1 percent of the amount paid, unless failure to pay was for reasonable cause and not willful neglect. Electronic payments are required once a person:

* Makes an estimate tax or extension payment...