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Penalty for Filing Income Taxes Late?

 

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Subject Author Date
Penalty for Filing Income Taxes Late? Brian 04-24-2008
Posted by PeterL on April 24, 2008, 6:19 pm
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> I just realized tonight that I did not sign and return my tax
> documents to my tax preparer to file with the IRS by the 15th.  I plan
> to fax the document to my tax preparer tomorrow (4/24).  I was
> expecting a $3500 refund from federal and a $800 refund from the State
> of Iowa.  What type of penalty should I expect for filing late?
>
> Thanks,
>
> Brian
>


The next questions are, why do you have so much tax refund, and why do
you leave your tax refund unclaimed for so long?

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