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2007-03-28 10:20:36 · 2 answers · asked by vgigaijin 1 in Business & Finance Taxes United States

2 answers

There won't be any "trouble" just late fees and penalties. Unless you delay for too long in setting up a payment plan. Then it will get "fugly".

2007-03-28 10:24:57 · answer #1 · answered by Bostonian In MO 7 · 3 0

File on Time and request a payment plan with the returns. The IRS Form to send in with the 1040 is Form 9465. I am not sure if California has a similar form, but you could contact the CA Tax Board and request a payment plan. In any plan, interest is charged.

2007-03-28 17:31:44 · answer #2 · answered by exirsman 5 · 2 0

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