Is there a penalty for filing my state taxes late in Louisiana?

Yes, there is a penalty for filing state taxes late in Louisiana. The state imposes penalties for both late filing and late payment of taxes. The penalty for late filing is 5% of the tax due per month, up to a maximum of 25%. Additionally, interest is charged on the unpaid taxes at a rate determined by the Secretary of Revenue. It is important to file your state taxes on time to avoid these penalties and interest charges. If you are unable to file by the due date, you should consider requesting an extension to avoid the late filing penalty. Penalties cannot be waived, so it is crucial to submit your taxes promptly to avoid unnecessary financial consequences.