I didn't file an extension on my taxes this year. I am expecting a refund. Will I be penalized?

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I didn't file an extension on my taxes this year. I am expecting a refund. Will I be penalized?

2007-07-02 06:20:02 · 3 answers · asked by cathy m 1 in Business & Finance ➔ Taxes ➔ Other - Taxes

3 answers

If you are getting a refund, there won't be any penalty for filing late on your federal taxes. For your state return, laws vary on this.

2007-07-02 06:31:37 · answer #1 · answered by Judy 7 · 3⤊ 0⤋

Yes I believe you will recieve a penality. Any way the government will get your money they will. :) Kidding, you have to go by the rules. If they did not give you a penality that would not be fair to the other people that did not file an extension and owe the government. Good Luck.

2007-07-02 13:28:34 · answer #2 · answered by Melanie 3 · 0⤊ 4⤋

If you need an extension, you are required to file one even if you are receiving a refund.

2007-07-02 13:24:14 · answer #3 · answered by sortaclarksville 5 · 0⤊ 4⤋