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Important 2021 Tax Due Dates for Individuals. Jan. 15, 2021. If you are required to make estimated tax payments, your payment for the fourth quarter of tax year 2020 is due on this date.
The penalty for not filing on time depends on how late your return is. The fine for filing up to 60 days late can be as much as 5% of your unpaid taxes each month or part of a month that you are ...
If the return is more than 60 days late, according to the IRS, you'll pay the lesser of $435 or 100% of the tax owed. Dawn Allcot contributed to the reporting of this article.
The Internal Revenue Service announced Tuesday that some tax filers who faced late-pay penalties for tax years 2020 and 2021 will have those penalties waived.
The Internal Revenue Service says it’s delaying the traditional tax... View Article The post IRS will delay tax filing due date until May 17 appeared first on TheGrio. IRS will delay tax filing ...
The extension also gives the IRS time to issue guidance on recent tax law changes. The newly passed COVID relief package exempts the first $10,200 of unemployment benefits from federal taxes for ...
The filing deadline to submit your 2021 tax return is April 18, 2022, but you can still request an extension if you need extra time to do your taxes. See: Tax Breaks for Filers over 50 Find: The...
Read more: Taxes 2021: What you need to know about IRS Free File. Additionally, the late-payment penalty for not paying your taxes is usually half of 1% per month of any tax that you don’t pay ...
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