Filing Taxes Late Penalty
Question: What is the penalty for filing an extension one day late?
The Post Offices in the new city I live are not open any later on tax day. I am filing an extension with no money owed. I either have to go on a drive or mail it one day late. what is the penalty?
Thank you!
Answer: You can’t file for it late – after today, an extension isn’t available. And driving won’t help you – none of the post offices are open late.
You can efile an extension request. But if you don’t owe, there is no penalty for filing late – if you owe, there is.
Late or Non Tax Filer Presentation
Tax Refund Early
Question: Can I get an early Tax Refund?
Is it possible to get a tax refund earlier than normal? Is it possible to get it in the month of January?
Answer: Yes. It’s called adjusting your withholding so that you get it throughout the year instead of a big lump next year. Other than that you will have to wait until you get your W-2.
Crazy Hot Party with Early Tax Return Check- Mail Your Rebate Before the April 18th Deadline!
State Tax Filing Forms
Question: I did not work in 2007, do i still file any tax forms?
I was jobless with no earned income in 2007, zero dollars earned. I lived on my savings from previous years and did not get a new job until the end of January 2008. Is there any tax form that I should file to say “zero earned income”. I am a resident of Georgia and I also need to know if there are any state tax forms that i need to file stating zero income. I have no dependent, and no one can claim me as dependent for i am 22 years old. How will this effect my filing for next year? I was not on unemployment from the government and did not receive any govenmental money help what so ever.
Answer: Unfortunately with no 2007 earned income, you will not be eligible for the economic stimulus (requires $3000.00 income). So you do not need to file for 2007 (unless you had significant investment income).
It is possible that you may still get some benefit from the stimulus depending how that all shakes out for 2008 taxes.
Tax Forms & Deductions : How to File Taxes in a Community Property State
Late Tax Filing Refund
Question: Is there a penalty or jail time possible for not filing to get a Tax Refund?
Does the federal government impose a late filing penalty or jail time on individuals who fail to file their taxes and yet are due a refund? I know that they don’t make any effort to seek you out to let you know you are due a refund. I guess my question is, how vindictive is the government when it already has your money?
So the IRS could come after you and prosecute you to get you to file your tax returns. If you did and it turns out they owed you money, have they just wasted everyone’s time and resources?
People are lazy by nature and don’t want to file, even if it means getting money back. The effort might not seem to be worth it.Answer: No, there is no penalty for late filing if a refund is due. Penalties are based upon the amount of the tax debt outstanding. If there’s no debt, there’s no penalty.
Nobody EVER went to jail for late filing of a return. The only penalty is financial and again only if taxes are due.
If a return is missing, the IRS gives plenty of warning before pursuing criminal sanctions for failure to file. They can’t get any money from a jailbird and they’d rather you be able to earn come income and pay them their due.
Penalty for Late Filing
Income Tax Filing India
Question: What are the income tax return filing dates for pvt and public ltd co’s in india?
Answer: last date is 31st october
various due date under income tax India can be downloaded from the link given below
http://simpletaxindia.blogspot.com/2007/07/important-due-dates-for-income-tax.html
or download auto reminder for various dates under various act in India.
http://simpletaxindia.googlepages.com/Due_Dates_Chartfianl.xls
Rajnikanth beats Shahrukh Khan, Salman & Hrithik at tax filing