Comments on: File Extended Taxes Now or Later?

By: Wes Masters

Wes Masters — Tue, 03 Aug 2010 01:22:09 +0000

Hi – if you have successfully filed form 4868, that means you have an extra 6 months to compete and file your taxes. Therefore, the deadline is October 15, not August 15.

By: Kathyfitch101

Kathyfitch101 — Tue, 03 Aug 2010 00:19:02 +0000

I thought the tax extension was Aug 15 th is it Oct 15 I had my cpa do one for me Has the date always been oct 15

By: valerieharriell

valerieharriell — Fri, 16 Apr 2010 05:01:48 +0000

i DIDN'T KNOW THAT SINCE i COLLECTED UNEMPLOYMENT, THAT I HAD TO STILL FILE MY TAXES. I NEED HELP AN FILING AN EXTENSION. I DON'T HAVE THE MONEY TO PAY FOR THE EXTENSION. I WANTED TO KNOW HOW DO I FILE A 1099-G ONLINE. CAN SOMEONE PLEASE HELP ME. I CAN'T BELIEVE I WAITED UNTIL THE LAST MINUTE FOR THIS. THANK YOU FOR YOUR TIME AND PATIENTS.

By: nancy19g

nancy19g — Tue, 07 Jul 2009 04:11:48 +0000

Thanks!

By: Ryan Thompson

Ryan Thompson — Mon, 06 Jul 2009 22:45:20 +0000

Hi Nancy, If you'd like to learn more about potential interest and penalties for late payment of taxes, please visit our resource article. In general, as long as you've paid 90% of your tax balance, you won't be penalized at all by the IRS. If you do owe more, then you will pay interest (typically 5-8% per year) and a late payment penalty (0.5% per month) on your outstanding balance. The good news is that the late filing penalty of 5% of the outstanding balance due will be avoided as long as you were approved for your tax extension.

By: nancy19g

nancy19g — Mon, 06 Jul 2009 20:08:47 +0000

Ryan-

How do I determine how much interest I owe?

-Nancy