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Even if you missed the April 15 deadline to file your ... Missing the tax day deadline isn't the end of the world. ... But if your return is more than 60 days late, then the minimum penalty spikes ...
There is a list of penalties and fees you need to know if you missed the tax deadline, according to the Indiana Department of Revenue. ... fraudulent intent to evade tax: 100% penalty.
The standard penalty for missing the tax deadline is 5% of any tax due for every month the return us late, which is up to 25% of the unpaid balance. Failing to pay any taxes owed upon filing or ...
The most immediate consequence of missing the deadline is the failure-to-file penalty imposed by the IRS. This penalty can be significant, amounting to 5% of the unpaid taxes for each month the ...
If your filing status is... and at the end of 2023 you were... then file a tax return if your gross income was at least... single. under 65. $13,850
If you fail to file your federal tax return on time, the standard penalty is a whopping 5% of any tax due for every month the return is late, up to 25% of the unpaid balance. If you file a return ...
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