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What is its not that complicated?

"It's not that complicated" is a phrase often used to express that something is relatively simple or straightforward, despite perhaps initially seeming difficult or complex. It implies that the situation or task at hand can be easily understood or accomplished with a little effort or explanation.

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The penalty for late filing of taxes varies depending on the country and its tax laws. In the United States, for example, the penalty for the late filing of federal income tax returns is usually calculated as a percentage of the unpaid taxes owed. Generally, the penalty is 5% of the unpaid taxes for each month or partial month the return is late, up to a maximum of 25% of the total taxes owed. However, if the tax return is over 60 days late, the minimum penalty is the smaller of $435 or 100% of the unpaid tax. It's important to note that the actual penalties may be subject to additional factors, and it's recommended to consult a tax professional or the specific tax authority of your country for accurate information.

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