What is the IRS penalty for a tax liability that is deposited six days late?

The IRS assesses failure-to-deposit penalties on employers who do not remit their federal tax liabilities according to the required schedules. The penalty amount is calculated as a percentage of the unpaid deposit and increases based on the length of the delay. For deposits that are 1 to 5 days late, the penalty is 2%. If the deposit is 6 to 15 days late, the penalty increases to 5%. For deposits more than 15 days late, the penalty becomes 10%. If the taxes remain unpaid for more than 10 days after the employer receives the first IRS notice demanding payment, the penalty reaches its maximum of 15%. Therefore, a deposit that is six days late results in a 5% penalty, highlighting the importance of timely remittance to avoid unnecessary financial losses.